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Are savings bonds covered just like savings accounts?
chopperharris
Posts: 1,027 Forumite
Hi I am wishing to put some somey into 1,2,3 year saving bonds with either firstave or kedge.....35k in each.
Are they covered like for like , ie up to 35k just like a regular account , or is there different rules for savings bonds like these?
tia
Are they covered like for like , ie up to 35k just like a regular account , or is there different rules for savings bonds like these?
tia
Have you tried turning it off and on again?
0
Comments
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The term "bonds" for these accounts is usually a bit confusing - "fixed-rate, fixed-term savings account" would be more accurate. AFAIK they're treated exactly the same as other savings accounts.student100 hasn't been a student since 2007...0
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