Have received the compensation from Icesave and also the ISA certificate so I can re-invest. As a temp shelter I put it into an ING savings account (naturally their rate dropped). I have several savings - all need reviewing so my question is, not so much for specifics, but more like how do I find fixed-term deals for cash ISA and/or savings.

I'm new to the site, I've seen the comparison charts, but perhaps I'm missing something. I'm sure there may have been many similar posts to this and apologies for what might seem trivial, but of course it isn't trivial to myself.

Steve

try the savings articles on moneysavingexpert dot com, they're updated near daily at the moment and list fixed and variable deals some of which you may not find on this site.

i'm still waiting to initiate my claim! :-|

Thanks for the heads up Dan! A little confusing to navigate (again the first time I had used the site) but found the Halifax 7% AER deal ideal for the next 12 months - Still looking for Fixed rate ISA accepting transfers though.

:-)

Not obvious or trivial Steve - I'm in the same boat. Unfortunately I haven't received my ISA certificate yet, so I'm not yet in a position to reinvest it. Had I had this last week, I might have made the Halifax fixed rate ISA deal which I think has just disappeared due the the interest rate drop last week.

As my mortgage rate has plummeted, I'm considering going on an enormous spending spree instead (which I guess was Gordon's intention). Be nice to hear from others whether they consider this a wise move....

Hi Speedytea.

The frustration is so annoying. Like many people I've considered myself a responsible person and hate paying interest of any kind above what I need to. I have savings and ISA's etc. mortgage free, and pay off credit cards as and when the statement arrives and generally do the right thing.

It is tempting to abandon all this in favour of getting up to the eyeballs in debt and getting bailed out (a' la the example set by certain financial institutions and some borrowers). indeed there is an interesting thread saying similar elsewhere. In theory the credit crunch shouldn't be affecting me, but indirectly it is. My income from savings/inestments are vastle reduced through no fault of my own other than not knowing how to predict the future.

I temper this feeling though as I am actually very lucky - especially at this time of year being able to comfortably pay all bills and not worry about anything - I work in customer service and the amount of people who are facing a very, very uncertain future makes me feel guilty about my own greed.

In real terms I'm losing a few quid a month - annoying but hardly the end of the world. Perhaps a bit of perspective is needed - perhaps one answer is to withdraw some savings and purchase a nice "cheer me up" present. Meanwhile I will find my Fixed Rate ISA asap and just get on with things.

Hope you get your certificate soon!

Steve

Hi

I've been reading your posts concerning the above. I too have thankfully been compensated for the Icesave debacle. However, I'm now concerned as to where to invest and as I'm sure you know slightly apprehensive about investing again after the scare that Icesave collapsing gave me.

I am a full time mature student at the moment with only 9mths to go until I (hopefully) start to earn again so I'm looking to invest my compensation into a cash isa for the time being and then a regular savings account as i use this to fund my spending whilst not earning.

Do you have any recommendations on cash isas (saw the post re the Halifax rate) which may stay stable during the interest rate drops and also on regular savings accounts?

I have been looking into Nationwide's cash isa as well as Abbeys (although i've seen this slashed recently) and West Bromwich BS seem to have a good rate?

Your thoughts are much appreciated!

Sadly the rates seem to be changing, nay, dropping by the day! I am waiting to transfer my ISA funds from a savings account to my current account in order to transfer it elsewhere. Thing is it takes three working days to do this and so it is frustrating not being able to invest immediately.

Also, I don't know if it is just me (probably is) but I find it difficult on these forums/sites to find exactly what I am looking for, i.e. Fixed rate Cash ISA which will accept an ICEBANK transfer.

I've no doubt that by the time I have my funds they'll all have dropped a little more. After the initial thought of losing savings though I've decided to be a little more pragmatic and not overly upset myself about it - as I see it any savings under £50k is save with any British registered bank