fixed bond or not...?

[sythai]

Hello there...

Would like to set up some additonal savings that we can't touch for at least 5 year.s... something that is safe and fixed. No big deposit to open acount, maybe £500 at a push and just want to pay £100 in a month. Would be good if could have in joint names, but not essential

Been having a look at fixed bonds, but never used these before.... just dont want to get caught out with the small print.

This one looks pretty good:

http://www.ybs.co.uk/email/existing/landing/msm_5yr.html?cmpid=156 />
Any advice would be appreciated,

Many Thanks,

Sy n Su

[buildersmate]

Seems to do what it says on the tin.
Just work out whether you reckon it is worth tying the money down for longer than 3 years, when you can get about 4.6% fixed on a 3 year bond.
For a extra 0.7% is it worth 2 more years of tie in?
Interest rate are currently low, but who knows what happens in 2012.

[sythai]

good point there thank u..... u never know what might happen....hopefully everything will be up by then

[ellychen4]

If you want to check out for the best deals, I suggest you to first of all do a research. At least you will be able to find the offer at a great deal: http://www.imoney.my/fixed-deposit