-
What do I do with my money?
Dear all, Having read all the advice here and not being able to consume all the information fully, I thorw myself on your advice. Currently, I have * Halifax ISA Saver - £13,000 * a 2 year fixed (I can't touch without losing interest) Web Saver with the Halifax, with about £1,700 in it, * a stocks and shares ISA, which I…
-
Regular Savings Accounts Article Discussion
This thread is specifically to discuss the Regular Savings Accounts article which includes new calculator to work out the interest To discuss or ask a question about this article, click reply
-
Transfering money and interest lost.
Hi, When you transfer money from One account (lets say ING) into (lets say Barclay's) and it takes 3 to 4 days. Do you loss 3 to 4 days interest , or not. Thanks.
-
Where is best to save for my children?
Hi I want to start putting a bit of money aside every month for both of my chilldren and although they both have child trust funds, want them to have a seperate saving account under my name, (not keen on them having access to the money at the age of 18 without my guidance!). Any ideas where is best start saving for them, I…
-
Interest Question
Can someone please tell me the formula to work out interest from savings? Lets say for example 5k @ 7% fixed for 1 year- Normal tax payer Plus what is the calculation to work out the same as above buy over 6 months? Many Thanks
-
National Counties BS 3 YEAR SAVINGS BOND 6.25% MOB £1k
3 YEAR SAVINGS BOND 25th Issue will launch w.e.f. 16.6.08: a 3 year fixed term product with a minimum investment of £1K (£5K for monthly option) paying 6.25% yearly (6.08% monthly). Earlier access permitted on 120 day loss of interest and minimum withdrawal £1K. No further additions allowed. Maximum investment £75K. 10 Jun…
-
Britannia BS - Summer Bond 6.5% Mob £1k
BRITANNIA BS - SUMMER BOND 6.5% MOB £1K :beer: MEMBERS' 1 YEAR SUMMER BOND Issue 157: a one year fixed term account with a minimum investment of £1K paying 6.50% on maturity (6.25% monthly). No earlier access or additions permitted. Available to existing members of 6 months or more. New money to institution only. 10 Jun…
-
Is the NS & I worth sa\ving with?
I have 150K savings in 2 banking institutions and the £35k safety net has got me thinking. Is it wort looking to put it in one of the NSI products or not, if so which one. I can't really be arsed spreading my savings around 5 different banks, your info and advice is much appreciated,
-
Processing time for Abbey Instant Saver
Any have experience of the time it takes to receive your application form for the Abbey Instant Access Save. This is the one where you have to apply online, then they send you an application form (I assume part completed with the info you supply online) and you take it into your local branch to complete? Just wondering if…
-
Best rate for £35k over 3 years
I have £35k that I do not need for 3 years. I can save a further £2.5k per month. My ISA is full for the year. I have noticed that Bradford and Bingley have a fixed bond at 7% (5.6% net). Can anyone suggest any other savings mechanism that would beat 5.6% after tax? Thank you in advance!
-
Would a fixed term account be suitable for me?
My boyfriend and I are saving for a mortgage. We're filling up our ISAs each month and then we "top up" our savings as and when we can in our regular savings accounts. Now I'm wondering if one of these fixed term jobbies would be any good for the top ups, but I don't know much about them. I'm thinking that once we have,…
-
Do I need to have investments as well as savings accounts?
Hey there- Do I need to have investments as well as savings accounts? Thanks to this board, I have identified and opened several savings accounts with high interest rates (6.5% plus). However, each time I go to a bank to open a savings account, I am continually badgered to make investments too. Being very risk-averse, I…
-
A & L Direct ISA 4 - severe backlog!
My first time on here and registered because I was so incensed by A & L attitude. I started the process of transferring an ISA to their Direct ISA 4. All went well and the previous bank sent me a closing statement dated 16th May and the cheque was sent to A & L on that day. No money in my new ISA last Thursday (5th June!)…
-
Best yield (over 5.6%) with minimum risk?
Hi all, My wife and I have a lump sum of £35k in savings, and can save a further £2,500 pcm. We're looking for the best place to put our money for 3 years, to let it grow. We live in London at the moment, but would like the flexibility to move further out in three years' time. So the money has to be available in our hands…
-
Simple savings better than Buy to Let now?
Hello all, Am I correct in thinking that, in the current economic climate, it would be better to put a lump sum of £125k into a high-rate savings account (e.g. Bradford/Bingley 7% Bond = 5.6% after tax) than investing it into a Buy to Let property (without any mortgage)? If my calcs are correct, to equal the interest…
-
A&L's premium saver
What does anyone reckon to the A&L premium saver account at 12% AER? I know you have to open a current acc. with them but is this a good saver acc. to go for and do the change? Is this the start of some competitive rates between the banks & is it better to sit tight for a while until more offers come out? :confused:
-
Teaser rates/ no interst in withdrawal month
Accounts with one or both the features mentioned in the title do not appeal to me . The former type does not because I do not want the hassle ( in 70s now) of changing account every so many months to chase the next teaser, and the second because a sudden need or two can soon make the choice a bad one. Where these days can…
-
BMS or Tesco to Halifax 10% RS?
hello. this savings malarky is not normally my thing but i have just opened the halifax 10% RS account. whats the best way to fund it? i currently have most of my savings in Icesave (6.05% doesnt seem that great anymore) from which i can only withdraw to "nominated" accounts. it would be wasteful to send from Icsave -…
-
halifax international regular saver
dear guys would you invest your money into the halifax international regular saver? only 75% protected, i would welcome any thoughts.
-
Eastern Electricity
Hi MSEs, In 1993 I went to work abroad. My belongings, including valuable financial records, were distributed hurriedly – my Ex took some, some went into storage, etc. Although I knew I had bought shares in companies (as long term savings), I was not able to find the certificates until last year. I have tracked down most…
