-
Is Tesco misselling its online savings account?
Sorry chaps, thought you may be able to help. Tesco's website (http://www.tescofinance.com/personal/finance/savings/savingsaccounts/internetsaver/summary-box.html) clearly states that their internet saver pays a "flat rate" of 6.00%, but when I called up to run this through with them I was told, and I quote, "No, no,…
-
Saving in the UK from abroad?
How does a UK citizen who is currently working abroad permanently (paid in Euros) invest/save in UK accounts? Is it even possible? With the current high value of the euro, being able to convert this to pounds for a future return to living in the UK seems attractive
-
Regular savings with reasonable interest rates
Hello, I am currently saving into a Halifax Monthly Saver with my best friend. We are saving £20 a month with the aim of going to the Olympics in 2012. We have about £525 saved at the moment including interest. The Monthly Saver rate is mince (technical term) at the moment, and I'm looking for advice as to where we could…
-
20k for 7 Years- where?
Due to have an endowment (20k) mature in March (on target woohoo!) and am looking for some suggestions as to where to put this to earn as much interest as possible before the fixed rate on the mortgage ends in 2016. For background, I am a 40% taxpayer, my wife does not work and is in receipt of DLA and a small ill health…
-
Saga Top 5 Tracker interest dropped to..
4.34%. :cool:
-
Savers facing accounts with no interest
This is the title of an article in today's Daily Telegraph. If it does happen that Banks stop paying interest, or near to that, what would be the best place for our money? I want somewhere that is generally safe and gives some return.…
-
inheritance query
I have recently inherited approximately £95,000. Half of this amount I am looking after for my brother who is disabled and is on benefits (including disablity living allowance). He will be able to use the interest from his share for holidays and 'extras'. Later on he will be able to supplement his state pension and use the…
-
Savings....hypothetical question....
We all know banks are screwing us careful savers to prop up their profits due to the cuts in lending rates. So....would it be commerically sensible for an organisation which doesn't do much lending (ie. no mortgages) to offer attractive savings rates for instant access accounts? Surely there is some money to be made here?
-
15000 short term accesible saving ASAP
hi i have 15000 for a deposit on house, not too sure when it will be so need the cash available, so what im after is the best account i can put the money in to earn interest on. i may need the money in 3 6 or even 12 months time so i dont want it locked in for any period of time. i bank with abbey do they have any accounts…
-
Am I being utterly stupid keeping money in my current accnt ?
Hi all, Been a lurker on MSE but thought I would get involved. I currently hold all my salary in a current account. Is this being utterly stupid, as I could be earning interest on it? I want to be able to access the money when I like but also make interest on it when I am not using it ... Can someone please advise ? Thanks…
-
Any advice for what to do with 11K?
Have managed to save 11k and would like to know where the best place for it is - currently 5k is in a barclays isa - maxed out till april, by which time I'll have saved a further nest egg to max it out again. The rest is in a e savings account. We are trying to move so a bomd is out of the question and we don't want to…
-
Serious Advice needed.
Can anybody offer me advice on the following. After 4 1/2 years my son has finally received a settlement in the order of £100,000 following a very serious road traffic accident just as he finished university. Given the current financial climate ( uncertain interest rates / failing banks and institutions / £50,000 safe…
-
What's The Rate
Hello, Can anyone confirm the rate for the Newcastle BS isa +(issue 2). The MSE site shows 4.25% http://forums.moneysavingexpert.com/showthread.html?t=401374 The Newcastle site 3.00% gross/2.5% AER. if it wasn't for bad luck i'd have no luck at all
-
ICICI account creation and running how does it work?
Hi I have just set up an account with ICICI. I take it I need to send an chq for £1000 to open the account. Do they allow you to make a deposit later or is your initial deposit the fixed amount sum? Do I just sent them a chq for the full amount that I want in my account? Can you top the account up with savings…
-
Fix at a low rate or gamble .....
I have a Northern Rock bond maturing on 20th Jan. Currently can get Chelsea fix at 4.55% - however whats that likely to do after the BOE meeting on the 8th .....???? OR I can 'reserve' a rate by staying with NR for 1YR at 3.75% Whet would you lot do ?
-
Icici
I really don't know whether to put anything in the ICICI account. Opinions required please :money:
-
Nationwide International
Does anyone have any cash deposited with Nationwide International in their Base Rate Tracker Premium Account? The interest rates are shown below. I can't see that you have to hold the funds for more than 1 year and the rates in the first year (including the premium) look very good compared to what is around at the moment.…
-
tax on interest
:eek: :confused: the n s and i's guaranteed growth bond, is it a savings account or an investment? I am very confused about the tax on interest in this account. I don't pay tax, but I think for this account I will have to - strange :eek: I have rung them up and they say that for this account I have to pay tax and then…
-
Where should I invest £40k fixed or risk instant?
Hi I have just opened two accounts. ICICI fixed at 5.01% 12mths ING 5% instant saver. I am going to put the £40k into the ICICI account and let it mature for the duration. To be honest i dont want to do this, but in the situation we are facing i cant afford to let my interest diminish. I will use then use the ING account…
-
Recommend me an Equities ISA please
Hi, I have £1000 to invest in a fund. I'm having trouble finding someone who will open me a new ISA wrapper and sell me the fund. I have tried so far: Hargreaves Lansdown (min £3k investment) Thisismoney SFS (doesn't sell the fund I wanted) The Share Centre (charges 1% dealing commission) Fidelity (doesn't sell the fund I…
