Nationwide 5.5% (FIXED) Member Bond

Hattie627

SH88SH88 said:

Mine matures tomorrow. I'd almost totally forgotten about it, probably because 18 months is a quite weird term length. Begs the question,  what to do with the approx £10K  ? ... any suggestions ?

Mine matured on 23rd November. Maturity proceeds earmarked to pay HMRC on 31st January. Balancing payment for 2024/25 and first payment on account for 2025/26. 

slinger2

SH88SH88 said:

Mine matures tomorrow. I'd almost totally forgotten about it, probably because 18 months is a quite weird term length. Begs the question,  what to do with the approx £10K  ? ... any suggestions ?

For me: £2.5k into Cahoot at 5%, £2.5k into Zopa at 4.75%, £2.5k into Skipton at 4.75%, 2 CSH2 shares (that's £2.5k) and £100 donation to the National Trust towards their Cerne Abbas Giant fund.

allegro120

SH88SH88 said:

Mine matures tomorrow. I'd almost totally forgotten about it, probably because 18 months is a quite weird term length. Begs the question,  what to do with the approx £10K  ? ... any suggestions ?

£10,833.05 to be precise I guess this will be the same for everyone who deposited the full allowance.
Mine went on a short 5% holiday at "Sunny Days" and on 1st December distributed across regular savers.

Happy_Minion

When mine matures on the 8th of January it can go and join it's fellow pounds in my Ulster Bank Limited Edition Saver at 4.5%.

Kim_13

Was asking on behalf of a family member I'd recommended the account to, so no maturity proceeds for me. I was paying too much into Regular Savers to open one myself.

BreakingGlass

allegro120 said:

SH88SH88 said:

Mine matures tomorrow. I'd almost totally forgotten about it, probably because 18 months is a quite weird term length. Begs the question,  what to do with the approx £10K  ? ... any suggestions ?

£10,833.05 to be precise I guess this will be the same for everyone who deposited the full allowance.
Mine went on a short 5% holiday at "Sunny Days" and on 1st December distributed across regular savers.

£10,842.51 for me! 

allegro120

BreakingGlass said:

allegro120 said:

SH88SH88 said:

Mine matures tomorrow. I'd almost totally forgotten about it, probably because 18 months is a quite weird term length. Begs the question,  what to do with the approx £10K  ? ... any suggestions ?

£10,833.05 to be precise I guess this will be the same for everyone who deposited the full allowance.
Mine went on a short 5% holiday at "Sunny Days" and on 1st December distributed across regular savers.

£10,842.51 for me! 

Hmm, I probably didn't deposit the whole sum on the day of opening.

HedgehogRulez

SH88SH88 said:

Mine matures tomorrow. I'd almost totally forgotten about it, probably because 18 months is a quite weird term length. Begs the question,  what to do with the approx £10K  ? ... any suggestions ?

Day trading?

poppystar

BreakingGlass said:

allegro120 said:

SH88SH88 said:

Mine matures tomorrow. I'd almost totally forgotten about it, probably because 18 months is a quite weird term length. Begs the question,  what to do with the approx £10K  ? ... any suggestions ?

£10,833.05 to be precise I guess this will be the same for everyone who deposited the full allowance.
Mine went on a short 5% holiday at "Sunny Days" and on 1st December distributed across regular savers.

£10,842.51 for me! 

Me too! £10842.51 exactly

slinger2

Depended when you opened it. I opened it in June (matured December) and got 1 year 183 days interest so got £10,840.92 (10550*(1+5.5%*(183/365)). If you opened in May (matured November) you got 1 year 184 days interest so got £10842.51 (10550*(1+5.5%*(184/365)). This is for those who put the whole £10k in on day 1.