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11% interest on Barclays Bank bonds
Can any of our experts please explain why the yield on these perpetual bonds is so high and what the risks are currently in buying these corporate bonds for long term investment. Thank you
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Barclays Fixed Monthly Savings account.
Following a tip in yesterday's Money Tips, Fixed Monthly Savings, Best Buys,when I contacted Barclays Bank this morning I was told in no uncertain terms that Barclays would not pay 7.75% on a new Regular Monthly Savings account nor even 6% but 5.1% gross. What gives. Another bank ripoff.?
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How would you advise on this dilemma?
An elderly person I know has a Fixed Rate Bond maturing shortly and has been offered another deal by her provider, obviously less than current interest rates, but a reasonable one given the BofE interest rate drop to 2%.. She doesn't have internet access or computer literacy to check around for good rates and isn't very…
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Question about ISA interest rate calculation
I have some questions about how the interest is calculated, and hope someone can explain this to me. :confused: I opened a Direct ISA with Abbey in May this year, as BOE keeps dropping the rate; I have seen my ISA interest rate changed from 6% to, 4.5% and now 4%. My questions are:* How does the bank calculate the interest…
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barclays regular saver
can anyone help please. this was in latest MSE newsletter: "The rate on the website is displaying 6%, but Barclays have confirmed to us anyone who gets the payment in by the end of December will get the higher rate (7.75% gross). The process of getting the payment in will be quicker if you apply in branch, though beware of…
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The Big 3-0
Hi All, It will be 30th birthday in November 2010 and, as my New Years resolution I am going to aim to save some money towards a big splurge - probably a holiday. I am going to try and commit £50 per month from February (c'mon! it's January!) 2009 - October 2009, which should leave me with £1050.00, although I have some…
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Very interesting video explaining the money system
I found this video very interesting to watch. I didn't realise banks created 95% of the money in circulation today. I never realised that the money system is never taught in schools. And the point at the end about how much of tax payers money is spent on interest paid to the banks is interesting also. What I'd like to ask…
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Index-linked Savings Certificates
Given the thought that interest rates could fall to 0%, just wondered what the views were on Index-linked Savings Certificates.
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Tesco Internet Banking? More like Blanking!!
After applying for Tesco Internet Banking account in early November, I have successfully gone through all the hurdles to get my account set up, my 4 different customer numbers/logins/passwords etc etc nicely written down, my Card, Pin and card reader all arrived last week (some 6 weeks after applying, note) so here I go to…
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Security of Managed Funds
If I invest in funds through a company such as fidelity, how secure are they and what protection do I have. I appreciate that if a stock in a fund goes bust then the fund just takes a hit but what if the whole fund goes bust or if fidelity who look after my funds goes bust? Thanks R.
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Basic advice for a student.
Hi, I'm currently in my second year of university. I've had a few bursaries over the past year - directly from the university and the student loans company. As a student living at home I've got it pretty cushty and my spending is minimal (clothes and miscellaneous stuff). Anyway I've gathered about £4000 in loans and…
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not a happy abbey customer!
Dear people i opened the 8% home saver from abbey in november now 6.5%. i asked mationwide to set up standing order but it failed and got sent back. now went in town on monday as i got a abbey current account and ask them to set up this standing order for me a surprise suprise they havent set it up. i need to make a…
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alliance & leicester esaver linked acount change
Could someone please tell me how I go about changing my linked account? If I have to call could someone give me the correct phone number. Thanks
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Sending a cheque via Special Delivery - still waiting after 2 days...
I recently applied for a fixed bond account and sent everything I needed (ID, application & cheque) via special delivery. Now it has been over 48 hours and the letter is still down as "progressing through our network" on the royal mail track and trace. :mad: I thought special delivery was supposed to be…
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Icesave Cheque Received
Put the paper claim in 24/11/08 cheque for full claim received today finally ! Now need to find a new account.
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Wondering if anyone can help?
Hi all I'm new to this forum and may not be posting in the correct bit. But need a bit of advice: I've had a Reglar investment plan for the past 15 years paying in £25 per month, so have paid in £4500, today received a letter from the company saying he current value of my plan is £3929 and it is due to be paid out on 1st…
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Savings or Current Account?
Is it really worth me having a savings account, if my Lloyds current account is paying 6% interest on my balance? Wouldnt it be best for me to just leave my savings in there? Or am I missing something?
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Regular savings for Niece/Nephew
My partners sister is due to give birth in March and on top of the usual gifts we would like to open an account, paying in a small regular sum each month until the child reaches 18/21. We would like to start by paying in only £5 a month and ideally not have to open new current accounts etc to transfer the money each month.…
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Opening online account - Which banks don't need paperwork from you?
Does anyone know which of the online saving accounts definately do not require any paperwork. i.e. they can be opened purely online?. I believe Bradford and Bingley is one. Anyone know of any others?.
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Isle of Man subsidiary of Icelandic bank Kaupthing Singer and Friedlander (KSF)
I was just wondering what happened to UK savers who invested in kaupthing singer and Friedlander (KSP) through its isle of man subsidiary. Did they get their savings back. I know UK SAVERS who invested through the the system got theirs back BUT what about this poor family?…
