Hi There,
Just looking at options for a 20K lump sum. First Active's [broken link removed]guarantees 22.30% gross (AER 4.11%) over a 5 year term with access to your funds.
What are the chances of this outperforming Rabo/Northern Rock deposit rates over the 5 year period? My fear is that interest rates are peaking and could start going down fairly quickly in Rabo/NR, whereas the elevator rate are guaranteed.
Any help appreciated.
Thanks!!
Just looking at options for a 20K lump sum. First Active's [broken link removed]guarantees 22.30% gross (AER 4.11%) over a 5 year term with access to your funds.
What are the chances of this outperforming Rabo/Northern Rock deposit rates over the 5 year period? My fear is that interest rates are peaking and could start going down fairly quickly in Rabo/NR, whereas the elevator rate are guaranteed.
Any help appreciated.
Thanks!!