Refix now or wait?

GrubbyGirl_2

I have 3 ISAs and when they mature (all at the beginning of April but different years), I normally transfer on date of maturity to a new fixed more often with a different bank and I'm tending to fix for longer. Last year I noticed that if I'd waited a couple of weeks the interest rates improved later in April. I don't know if that's normal in April or a one off as I don't think I've ever looked at rates again after I've refixed? With the world being so volatile at the moment and the chances of interest rates going down are remote, I'm now debating letting my current ISA mature into an easy access ISA and wait to see how things go vis-a-vis interest rates for a few weeks.

Does that seem sensible or do you think I'd be better off fixing straight away? I know I'm probably asking the impossible question but what would you do?

MasterG83

How long is a piece of string?

charlie12525

Your thinking seems good to me.
I was half watching the Martin Lewis show the other night and I think one of his graphs showed ISA rates increasing after the tax year change date last year.
I have a big ISA maturing in a week. Don't need the cash. I think I will go for easy access for now.

GrubbyGirl_2

https://forums.moneysavingexpert.com/discussion/comment/81918248#Comment_81918248

🤣 Yes I know - it's more of a "what would you do?" question

Albermarle

https://forums.moneysavingexpert.com/discussion/6659079/refix-now-or-wait

 I'm now debating letting my current ISA mature into an easy access ISA and wait to see how things go vis-a-vis interest rates for a few weeks.

When fixed rate savings accounts mature automatically into an easy access account, the rate on that account can be very poor. If you want to hang fire then transfer to a better easy access account could be a good idea.