Khun Bob Posted October 29, 2007 Share Posted October 29, 2007 (edited) I just got my weekly interest rate update email and in the offshore section the following are listed as top : Provider Account Type Notice Period Rate (AER) on £10000.00 S & F (IOM) Instant/Direct Access 0 days 6.55% S & F (IOM) Instant/Direct Access 0 days 6.54% Anglo Irish Instant/Direct Access 0 days 6.19% Barclays Instant/Direct Access 0 days 6.05% A & L Int Instant/Direct Access 0 days 6.00% Now I've never seen S & F before and their rates and significantly above the others - in fact they are better than onshore instant access accounts ! Anyone know who they are ? - a quick google on the name revealed little Edited October 29, 2007 by Khun Bob Link to comment Share on other sites More sharing options...
chiang mai Posted October 29, 2007 Share Posted October 29, 2007 I just got my weekly interest rate update email and in the offshore section the following are listed as top :Provider Account Type Notice Period Rate (AER) on £10000.00 S & F (IOM) Instant/Direct Access 0 days 6.55% S & F (IOM) Instant/Direct Access 0 days 6.54% Anglo Irish Instant/Direct Access 0 days 6.19% Barclays Instant/Direct Access 0 days 6.05% A & L Int Instant/Direct Access 0 days 6.00% Now I've never seen S & F before and their rates and significantly above the others - in fact they are better than onshore instant access accounts ! Anyone know who they are ? - a quick google on the name revealed little S & F = Singer and Freidlander (sp). BTW, short term Sterling rates are excellent right now but you might want to seriously think about locking in a slightly lower rate for a longer period, say two years. There's a couple of 6.35/6.40 two year deals around and that's where my bets are going. After all, the difference between the higher and slightly lower rates on £100k is only £150 but the duration on the two year fix is much longer. Link to comment Share on other sites More sharing options...
Khun Bob Posted November 4, 2007 Author Share Posted November 4, 2007 Just got the latest weekly rates email - put below : Provider Account Type Notice Period Rate (AER) on £10000.00 S & F (IOM) Instant/Direct Access 0 days 6.55% S & F (IOM) Instant/Direct Access 0 days 6.54% Anglo Irish Instant/Direct Access 0 days 6.19% Barclays Instant/Direct Access 0 days 6.05% A & L Int Instant/Direct Access 0 days 6.00% No change from last week. Anybody gone with S&F ? What are they like ? What is your experience with them ? TIA Link to comment Share on other sites More sharing options...
PattayaParent Posted November 6, 2007 Share Posted November 6, 2007 Where do you get your emailed info from 'cos ALIL is offering 6.51% on Sterling http://www.alil.co.im/default.aspx?bhcp=1 Link to comment Share on other sites More sharing options...
sonicdragon Posted November 6, 2007 Share Posted November 6, 2007 It is indicative of the contnued credit crunch/liquidity crisis that major banks are offering short term rates to retail customers that are higher than libor (interbank) rates. It is not a healthy situation at all. I would agree with the chiang mai that locking in 2 year 6.3%+ rates is an advisable strategy at the present time Link to comment Share on other sites More sharing options...
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