I'm looking for a 10-year savings account (£90k deposit). Probably not a serious move, more for a comparison. They seem rarer than [insert metaphor of choice]. Googling hasn't thrown up much.
Leeds did one in 2019 but it closed pretty quickly (lucky few that bought in at 2.5% for 10 years in 2019!)
https://www.leedsbuildingsociety.co.uk/press/press-releases/2019/07/leeds-to-withdraw-ten-year-bond-at-month-end-after-strong-performance/
The longest I can find is 5-years, currently at about 1.3%
(source: https://www.thisismoney.co.uk/money/article-1621507/Best-savings-rates-Fixed-rate-accounts.html)
Does anyone know of a 10-year fixed-rate savings bond available at the moment?
TIA
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10-year fixed-term savings account/bond?
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- Lemon Slice
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- Lemon Half
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Re: 10-year fixed-term savings account/bond?
yorkshirelad1 wrote:I'm looking for a 10-year savings account (£90k deposit). Probably not a serious move, more for a comparison. They seem rarer than [insert metaphor of choice]. Googling hasn't thrown up much.
Leeds did one in 2019 but it closed pretty quickly (lucky few that bought in at 2.5% for 10 years in 2019!)
https://www.leedsbuildingsociety.co.uk/press/press-releases/2019/07/leeds-to-withdraw-ten-year-bond-at-month-end-after-strong-performance/
The longest I can find is 5-years, currently at about 1.3%
(source: https://www.thisismoney.co.uk/money/article-1621507/Best-savings-rates-Fixed-rate-accounts.html)
Does anyone know of a 10-year fixed-rate savings bond available at the moment?
TIA
Have you considered Bonds? There are plenty of Fixed Rate offers available, and many offered by financial institutions if that is important to you.
Maybe ask on the viewforum.php?f=52 Gilts and Bonds Board
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- Lemon Half
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Re: 10-year fixed-term savings account/bond?
dealtn wrote:Maybe ask on the viewforum.php?f=52 Gilts and Bonds Board
... where inded this was posted in November (purely as an example)
viewtopic.php?f=52&t=26394
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- Lemon Slice
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Re: 10-year fixed-term savings account/bond?
I think you will be lucky to find a 10 year bond. I haven't seen any advertised for a very long time.
Shawbrook are currently offering 1.35% for 7 years.
Shawbrook are currently offering 1.35% for 7 years.
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