We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Easy Access Cash ISA with variable rate and fixed bonus rate

Pumpkin24
Posts: 1 Newbie
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.
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.
0
Comments
-
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!1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 349.9K Banking & Borrowing
- 252.6K Reduce Debt & Boost Income
- 453K Spending & Discounts
- 242.8K Work, Benefits & Business
- 619.7K Mortgages, Homes & Bills
- 176.4K Life & Family
- 255.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards