6 and 12 month investment bonds

6 and 12 month investment bonds

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Discussion

Bernie-the-bolt

Original Poster:

14,987 posts

251 months

Thursday 31st July 2008
quotequote all
I have a fair sum (over 6 figures) to invest for 6 or 12 months of my Ltd company's funds.

We currently bank with HSBC who are offering 5.19% gross, do any of you guys have any better suggestions?

Icesave (part of Landsbanki?) are offering 7.06% gross which looks attractive but I've never heard of them!

Many thanks

Ade355

337 posts

241 months

Thursday 31st July 2008
quotequote all
Icesave are good from a customer service perspective, and have a decent website.

The credit default swap market suggests they (and indeed all the Icelandic banks) are not particularly stable. I personally stick to the FSA insured limits. Id rather have the hassle of lots of accounts rather than going considerably over £35K and having sleepless nights. This is not financial advice BTW! You have to make the decision yourself..