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Best Of
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Re: The Fuse September 2026 Fixed (24m) V18
The usual caveat in these e-mails is that the tariff can be withdrawn at any time.1 -
Re: Invest?? Help needed please
The timing of when you are likely to need the money is critical. Within 5 years - Cash savings 5- 10 years - a mixture of cash & investments Over 10 years - Investments, normally via a S&S IS…2 -
Re: Can someone explain to me if Chase are wrong in what they are telling me regarding interest?
When doing your maths, rather than dividing by 12 for the number of months in the a year, divide by 365 for the number of days in a year, then multiply that by the number of days in that particular m…3 -
Re: Can someone explain to me if Chase are wrong in what they are telling me regarding interest?
It's an amusing coincidence because of the specific numbers involved. Interest on 30k for 31 days almost exactly equals Interest on 31k for 30 days because 30 * 31 = 31 * 30. It's only …4 -
Re: Can someone explain to me if Chase are wrong in what they are telling me regarding interest?
Seems about right. As a very rough approximation, and ignoring daily compounding of interest for the sake of simplicity: If you earn £117.54 in 31 days, that is about £3.79 per day. So in September y…1 -
Re: Can someone explain to me if Chase are wrong in what they are telling me regarding interest?
The theory they have explained is sound. Had you not added the extra £1000 on the 1st September the interest paid on the 1st of October would have been less than that paid on the 1st September on tha…1 -
Re: Can someone explain to me if Chase are wrong in what they are telling me regarding interest?
Your money WILL have earned 30 days interest on the opening September balance and 29 days on the extra £1000. Chase are correct.1 -
Re: Can someone explain to me if Chase are wrong in what they are telling me regarding interest?
Yes - without any change to the balance, you'll earn more interest in a 31 day period than a 30 day one, and the extra £1K deposited will have largely offset that…1 -
Re: The New Top Easy Access Savings Discussion Area
@soulsaver - Teachers BS Bonus Savings Account for Teachers (Issue 1) 4.35% (incl 2.05% fixed bonus for 12 months); £10k min; Anniversary interest. Teachers BS Bonus Savings Account for Everyone (Iss…1 -
Re: September 2026 Grocery Challenge
Sometimes it takes several attempts to get into the swing of things. It took me years to hit budget. However, with personal changes and family changes; sometimes it doesn't always go to plan. We…5
