Deposit for lump sum

[Dan_The_Man]

looking for deposit rate for a lump sum ...2 options being considered:

BCP is delighted to launch the new BCP/NatWest 3.50% AER 5 Year Deposit, a market leading deposit which pays deposit interest of 4.0% at the end of years 1 to 4, and 1.30% at the end of year 5. The credit ratings for NatWest are strong at A+ (Fitch), A- (S&P) and A1 (Moody's).
(need to check availability for individuals)

or

BCP is delighted to launch the new BCP/Societe Generale 2.85% AER 3 Year Deposit (Issue 2), a market leading deposit that pays deposit interest of 3.00% at the end of years 1 & 2 and 2.55% at the end of year 3. The credit ratings for Societe Generale are strong at A (Fitch), A (S&P) and A1 (Moody's).

any other deposit alternatives to BCP giving a return?

 

[elcato]

This is a predominately Irish site so you may not get much help on UK deposits.

 

[Lightning]

looking for deposit rate for a lump sum ...on the face of it this suits my requirement
Anything similar out there I should be looking at?

BCP is delighted to launch the new BCP/NatWest 3.50% AER 5 Year Deposit, a market leading deposit which pays deposit interest of 4.0% at the end of years 1 to 4, and 1.30% at the end of year 5. The credit ratings for NatWest are strong at A+ (Fitch), A- (S&P) and A1 (Moody's).

The BCP website says "Available to Credit Unions, Charities, Pensions, Corporates, Religious Orders and Friendly Societies".

Are you sure this is available to individuals?

 

[Lightning]

This is a predominately Irish site so you may not get much help on UK deposits.

BCP is an Irish company.

 

[Dan_The_Man]

This is a predominately Irish site so you may not get much help on UK deposits.

its been offered to Irish clients

 

[Dan_The_Man]

The BCP website says "Available to Credit Unions, Charities, Pensions, Corporates, Religious Orders and Friendly Societies".

Are you sure this is available to individuals?

• Minimum investment is €250,000 for Credit Unions and €100,000 for other investors ...I do qualify

 

[RedOnion]

...I do qualify

Are you sure?...

"Available to Credit Unions, Charities, Pensions, Corporates, Religious Orders, Friendly Societies and has been submitted for admissibility in the Aviva SDIO platform"

Their 3 year product is available to individuals, not the 5 year.

 

[Dan_The_Man]

Are you sure?...

"Available to Credit Unions, Charities, Pensions, Corporates, Religious Orders, Friendly Societies and has been submitted for admissibility in the Aviva SDIO platform"

Their 3 year product is available to individuals, not the 5 year.

ill double check ...i did see the BCP/Societe Generale 2.85% AER 3 Year ..maybe I need to refine my Question

 

[ClubMan]

Best Buy - Savings Best Buys

Savings Best Buys: There are 3 savings best buy threads on AskAboutMoney that are updated frequently. Instant Access and Notice Accounts - Lump sum variable rate savings. Fixed Term Deposits - Fixed Lump Sum Term Deposits from a few months to a few years. Regular Savings - Smaller sum...

www.askaboutmoney.com

 

[Lightning]

Are you sure?...

"Available to Credit Unions, Charities, Pensions, Corporates, Religious Orders, Friendly Societies and has been submitted for admissibility in the Aviva SDIO platform"

Their 3 year product is available to individuals, not the 5 year.

Interesting that the 3 year product is available to individuals.

50k minimum.

No Deposit Guarantee Scheme protection.

Risk mainly limited to the risk that Societe Generale will go bust which seems very low.