You can get 4% on a two year fixed term fixed rate bondand should have no problem getting over 3% on 12 months bonds.
www.lovemoney.com/savings/term-bond-accounts.aspx
(www.lovemoney.com/savings/term-bond-accounts.aspx
Pasanonic 's been known to cause insanity in laboratory mice,
Wed 1 Apr 2009, 16:06,
archived)
I wouldn't be surprised if rates were higher than that in a couple of years.I'll probably look for a decent 1-year thing. Cheers for the link.
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my other username is a porsche , posting shit pictures so you don't have to,
Wed 1 Apr 2009, 16:09,
archived)
NP.I agree that they will go up. It's just that with a fixed rate bond your profit is guaranteed. You can already find better rates but being index linked they are really risky right now.
( Pasanonic 's been known to cause insanity in laboratory mice,
Wed 1 Apr 2009, 16:15,
archived)