Suggestions for best "transit" account

gt94sss2

Fella wrote: »

The bond I want as high a rate as possible but with the caveat that I want the option to withdraw funds if I needed to (i.e. I don't want one of the bonds that don't allow early withdrawals under any circumstances, I wouldn't give that much control of my money to a bank/bs).

I think you will find most bonds won't suit you then

Option 2 may work but I think is pretty risky. It seems that with any half-decent bond you need to open them practically the first day they appear, which would (IMO) run a large risk of the cheque bouncing if the bond issuer presents it very quickly.

I agree there is a small risk (unless you arrange a CHAPS payment) but in my experience most building societies take their time to present the cheques as they are overwhelmed by the number of applications (especially if you apply by post)

Edit: Cahoot is only 6.2% if you have £250,000!

Yes, i was about to say that

Regards
Sunil

Fella

gt94sss2 wrote: »

As I see it you have a couple of possible options that you haven't mentioned yet:

1. What sort of rate do you want for your fixed bond? I ask as ICICI are still offering 6.85% for a year and IceSave 6.7%

Out of curiosity, is there a link for the ICICI 6.85% bond, I can't see it on their website?

cheers
Fella

YorkshireBoy

Fella wrote: »

Out of curiosity, is there a link for the ICICI 6.85% bond, I can't see it on their website?

Bottom right of their homepage.