312 | Base rate hike & savings, free Disney+ hack and ISA transfers
Cash Chats UK Money & Personal Finance podcast
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How to Get a Better Rate Than Inflation
If you can lock in for 2-3 years, 4 years at a rate that is over 4%, you are obviously making money above inflation. That might be something to consider. You do have to be careful with fixes which are held outside of an ISA because if they pay you the entire interest rate at the maturity it could impact your personal savings allowance. If you're on a tracker rate mortgage, then straight away, it's going to have gone up by 0.25% point. The key borrowing that is affected by the base rate is your mortgage. They're very fast to pass on those interest rates, increases on mortgages and things that I'm borrowing compared to how they are with
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