Oxbury 5.51% fixed STILL available to me?

ToastLady

soulsaver said:

ToastLady said:

soulsaver said:

I couldn't find Oxbury's 120 day notice ac on Moneyfacts - at 5.53% it would be the top 120 day spot for rate.

It's not a '90 day funding window' per se; you must deposit the minimum opening £1k within 90 days or they may close the account. After funding it with the min, you can continue funding it for as long as you like.


If you wanted 90 day notice flexibility, at the cost of a slightly lower rate, First Save at 5.40% is available with just £100 min to open.

It's not available to new customers. I already have a couple of fixed savers with them, so the 120 day notice and I think a 1 year fixed shows up when you log in. 
The way round it is to open the easy access with £1, and then the other accounts will be available. 

Edited to add....
I've just double checked logging in to Oxbury and these are accounts available, as well as the 4.94% variable Personal Easy Access.

Existing Customer 1 Yr Bond: 5.21% Fixed- Issue 12Fixed

Min: £1,000.00Max: £500,000.00

and 

Personal 120Day Notice Account (Issue 23):5.53%AERVariable

Min: £1,000.00Max: £500,000.00

Even though (I know) it's still available, I couldn't find Oxbury's 120 day notice ac on Moneyfacts - at 5.53% it would be the top 120 day spot for rate.

It's not a '90 day funding window' per se ( that you stated in your earlier post) you must deposit the minimum opening £1k within 90 days or they may close the account. After funding it with the min, you can continue funding it for as long as you like.


If you wanted 90 day notice flexibility, at the cost of a slightly lower rate, First Save at 5.40% is available with just £100 min to open.

Thanks soulsaver. Yes, I worded it wrongly, and you are correct in that you have 90 days to put in the min £1000 but you can keep adding whenever you like. 
I'm quite happy with 120 day notice so will stick with that, however thank you for bringing First Save to my attention, it may well suit other folks.

soulsaver

ToastLady said:

soulsaver said:

ToastLady said:

soulsaver said:

I couldn't find Oxbury's 120 day notice ac on Moneyfacts - at 5.53% it would be the top 120 day spot for rate.

It's not a '90 day funding window' per se; you must deposit the minimum opening £1k within 90 days or they may close the account. After funding it with the min, you can continue funding it for as long as you like.


If you wanted 90 day notice flexibility, at the cost of a slightly lower rate, First Save at 5.40% is available with just £100 min to open.

It's not available to new customers. I already have a couple of fixed savers with them, so the 120 day notice and I think a 1 year fixed shows up when you log in. 
The way round it is to open the easy access with £1, and then the other accounts will be available. 

Edited to add....
I've just double checked logging in to Oxbury and these are accounts available, as well as the 4.94% variable Personal Easy Access.

Existing Customer 1 Yr Bond: 5.21% Fixed- Issue 12Fixed

Min: £1,000.00Max: £500,000.00

and 

Personal 120Day Notice Account (Issue 23):5.53%AERVariable

Min: £1,000.00Max: £500,000.00

Even though (I know) it's still available, I couldn't find Oxbury's 120 day notice ac on Moneyfacts - at 5.53% it would be the top 120 day spot for rate.

It's not a '90 day funding window' per se ( that you stated in your earlier post) you must deposit the minimum opening £1k within 90 days or they may close the account. After funding it with the min, you can continue funding it for as long as you like.


If you wanted 90 day notice flexibility, at the cost of a slightly lower rate, First Save at 5.40% is available with just £100 min to open.

Thanks soulsaver. Yes, I worded it wrongly, and you are correct in that you have 90 days to put in the min £1000 but you can keep adding whenever you like. 
I'm quite happy with 120 day notice so will stick with that, however thank you for bringing First Save to my attention, it may well suit other folks.

Yes I knew you probably are aware... I'm trying to avoid other readers being mislead. Whilst it may seem like it sometimes, I try to avoid correcting people just for the sake of it.  

AllAboutAlice

Gosh, I’m going to look back. I can fix for a year and have seen rates falling lately. I’d rather UK institutions than sharia,  and established ones over ‘new kids on the block’ - although Atom have been brilliant over the years I’ve used them. 

Thanks to all who have replied/corrected and qualified. It’s extremely helpful and greatly appreciated. I’m ONE DAY inside the window for maturing funds to become available. I shall make a concerted effort to research in one week’s time. 

AllAboutAlice

OK one final question on this funding window (which will be a narrow squeak of 24 hours from funds released to the Oxbury deadline) - How long before they can drop the 5.51% rate offered to me and do they have to give me chance to move if it’s not a competitive one? 

fabsaver

AllAboutAlice said:

OK one final question on this funding window (which will be a narrow squeak of 24 hours from funds released to the Oxbury deadline) - How long before they can drop the 5.51% rate offered to me and do they have to give me chance to move if it’s not a competitive one? 

Their policy on interest rate changes is clearly stated in the key features summary for this account. For a rate reduction they will provide at least 14 days notice of the change in addition to the notice period for the account.

That will give you time to arrange to move the money elsewhere if the new rate is not competitive.

AllAboutAlice

Many thanks. Yes I do need to address the small print. I shall do that now.