-
Pay off mortgage or invest?
I'm paying an interest-only mortgage of £29,000 at 6%. I will shortly have access to £29000 in cash. I was going to pay off the mortgage, but now I'm beginning to think I should invest the cash in a one-year bond at 6.8% which I reckon would make me better off by over £200 in the year. Are there any flaws in my thinking?…
-
A&L 12% regular saver is back on
http://www.alliance-leicester.co.uk/currentaccounts/index.asp?page=prem-credit-interest&ct=currpremISA2 I have posted to the regular savers thread but thought it was worth highlighting with it's own thread too :T
-
Monthly Interest?
I can only find accounts that pay interest annually. Are there any savings accounts that pay interest monthly so that I could drop in a lump sum of about £5000 and maybe add to it each month myself?
-
NS&I Income Bonds
Please could anyone tell me if I was to put £140,000 into an NS&I Income Bond, would the full amount be protected by the Government? I keep reading that you should not put more than £35,000 into any one bank but does that rule still apply with NS&I? Many thanks.
-
Savings account for daughter......
Hi dudes... I need to open a savings account for my daughter but I'm a bit of a banking luddite....We won't be putting masses of dosh in, bdays and xmas mostly, and have about £100 to start with...not bothered about instant access though this would be a plus...can anybody offer any help?
-
Saving tax question
How much tax do i pay on savings if the rate is 6.65% AER/Gross (yes it states both in that manner)? I know i should no this but i don't . Thanks G.
-
Kaupthing Edge Contact
Please, can someone tell me Kaupthing Edge's non 0845 contact number? THANKS
-
Which Savings Account
Hi all Im looking for a savings account from which to make overpayments to my mortgage from. The minimum overpayment i can make is £2000, so basically as soon as i hit the £2000 target i'll contact my mortgage provider and get them to take the money. I cant guarantee that I can save the same amount every month ( some…
-
What's th best Bank Account for someone with a very bad credit rating
Hi all, A friend of mine has a very bad credit rating and needs to open a bank account to get the wages from his new job paid into. Can someone advise me on the best opition and preferably one which will help to improve his credit rating in the long run? Also, he mentioned a prepaid card called the "Tuxedo Card" which…
-
national savings ordinary account!
my mum has just found an old account book of these in some old files dating back to 1975. She had 2 pound still left in it when she stopped using it. I said she could still find the account and claim the money back but i cant find anything about it. Im sure i read on here about a site where you could claim old accounts but…
-
Branch/ATM Savings Account
Hi I'm looking to open a savings account somewhere that must have either branch access or a cash machine card. The account will have no more than around £1500 in at a time and will be used to store parts of my student loan, grants and wages that I'm not going to need until part the way through the university term. I would…
-
Abbey
What is the general view of the Abbey "Super Isa" and Guaranteed growth Plan?
-
Don't understand inflation - please help!
Ok inflation as far as I see is when the cost of living goes up? I don't understand what it means in terms of savings though. Does it mean that if you put £5000 in the bank in 1990, that £5000+interest would buy less today than it would in 1990? If so, are savings accounts not good? Sorry to sound thick, I have no idea…
-
re Post Office Instant Saver
Hi i wish to open a post office instant saver account, as i know they do a electronic search, just wonder is that search will left a footprint on my credit report?and will the search pull down score? thanks.
-
Halifax Regular Saver Question
I recent opened the Halifax Regular Saver online. It automaticall opens a Halifax Web Saver at the same time (at the end of the year, all funds will be transferred to this account). Just a few questions: 1. The terms say "Minimum opening balance £1" for the Web Saver account. Do I have to fund it now? I don't particularly…
-
A Warning!!
I have received two e-mails this week, from 2 separate banks. Both within 2 days. Stating that my account would cease, and to log in. Both have had the banks heading at the top One of the banks advised me to send it to their fraud office. Be warned
-
Identity Requirements
Everytime I have applied to open an account I am always asked to send in ID documents, it has never been done by the savings provider searches. This is a real pain since I dont have a photo ID. I am registerd for tax and send in a tax return every year, I am on the electrol roll and receive polling cards, I have worked for…
-
Trustee Deposit Service
Just a pointer to a company I heard about on Moneybox yesterday: The Trustee Deposit Service - http://news.bbc.co.uk/1/hi/programmes/moneybox/7354268.stm . Apparently they offer a service to spread your money around different accounts to keep you always under the 35k protection limit. The good news: They choose the highest…
-
Are My Savings Safe With Kaupthing Edge Bank
If I were to invest in the Icelandic bank Kaupthing Edge that Martin speaks of, who now operate here in the UK, being Icelandic would my savings still be safe? By holding my savings in their UK subsidiary, Kaupthing Singer & Friedlander do my savings fall into the category of “protected up to £35k per financial…
-
First £35K of Savings Safe ??
Morning all Pardon my niaviety, but this £35K rule with banks. Is it all of the first £35K that is safe and protected by this government of ours of 90% of up to £35K?
