NPBS 6.25 Exclusive Bond, worth it or something else?

genny

We have a decent five figure sum maturing in an Norwich + Peterborough fixed rate bond soon, thye've offered to reinvest it in an Exclusive 1 Year Bond available for exsiting bond customers, the rate is fixed for a year at 6.25%. Our question is, should we reinvest in this company (which we've had very good service from), or switch to another bank offering a higher rate? If so, recommendations please!!

Speculator

If you want to reinvest in a Building Society, I recommend the Chelsea Spring Bond paying 6.80% fixed for a year.

Leave £100 in NPBS just in case they merge/convert.

bristolleedsfan

Speculator wrote: »

I recommend the Chelsea Spring Bond paying 6.80% fixed for a year.

.

Is being withdrawn at close of business today.

From 21 May :

1 YEAR SPRING FIXED RATE BOND Issue 3: a fixed term account maturing 5.8.09 with a minimum investment of £1K paying 6.60% yearly (6.41% monthly).

2 YEAR SPRING FIXED RATE BOND Issue 2: a fixed term account maturing 5.8.10 with a minimum investment of £1K paying 6.50% yearly (6.31% monthly). For both bonds: Earlier access permitted on 180 day loss of interest. Additions whilst issue remains open.


https://www.emoneyfacts.co.uk/news/savings-news.aspx?newsarticleid=171431

isofa

How about Birmingham Midshires? They've got a 1 year at 6.78%...