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Easy Access Cash ISA with variable rate and fixed bonus rate

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If I open an Easy Access cash ISA that has a variable rate and a fixed bonus rate for a year am I right in assuming that the variable rate can still change over the course of the year and the fixed bonus rate is static.
There are a few of these on Money Savings Expert so wondered if a fixed rate at a lower rate is the better option if I don’t need access.
Thanks for any clarity.

Comments

  • eskbanker
    eskbanker Posts: 37,208 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You're right in your interpretation of what the wording means, but as to whether a lower fix is better, that's just guesswork really, and depends on what (variable) rates do over the term of the account!
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