5% possible

jungleboy123

https://forums.moneysavingexpert.com/discussion/comment/82007184#Comment_82007184

how come this doesnt appear on MSE headline fixed rates? I would go for this but i dont understand the difference.

refluxer

https://forums.moneysavingexpert.com/discussion/comment/82007348#Comment_82007348

It's a brand new account (as of today I think) so might appear in due course. It's a member-exclusive bond so you'll need to have had an eligible savings account already open with Nationwide or Virgin Money yesterday in order to qualify.

It's worth noting this isn't an ISA.

CeliaSeas

https://forums.moneysavingexpert.com/discussion/comment/82007184#Comment_82007184

Nice one, I'm very tempted😄 I also think there's a good chance rates will go over 5%

friolento

https://forums.moneysavingexpert.com/discussion/comment/82007389#Comment_82007389

Doesn't have to be an existing savings account to be eligible

jungleboy123

https://forums.moneysavingexpert.com/discussion/comment/82007389#Comment_82007389

is it just a regular savings account then? I.e tax deductable over the PSA?

surreysaver

https://forums.moneysavingexpert.com/discussion/comment/82006152#Comment_82006152

Lock in half. Keep half variable. You can then both lose and win regardless of which way it goes

oddcueball52

https://forums.moneysavingexpert.com/discussion/comment/82007621#Comment_82007621

Correct, this is not an ISA.

masonic

It is rather confusing that this discussion is taking place in the ISAs section, perhaps the thread needs moving if the intent is to discuss non-ISA fixes.

jungleboy123

https://forums.moneysavingexpert.com/discussion/comment/82007868#Comment_82007868

sorry totally forgot this was the ISA thread. I just got the email earlier to apply! Lucky me :)

Area88

Nationwide are offering 4.6% for 5 years and Kent Reliance are offering 4.65% for 3 years.

The ISA rates have been creeping up every month. 5% has a high probability if we draw the conclusion that the energy crisis will continue for the rest of the year.