I need a fixed rate account which I can pay into...

mrbrown

Hi, I want to find an account with good interest. Ild like it fixed, but that allows me to pay in money sporadically. Some months I may not have anything to pay in, other months I may have £500 to pay in (Im selling lots of things on ebay and doing a bit of overtime work). A regular savings account would not suit me (as some months Ill have nothing to save), so what account would best suit my needs? Any advice/suggetsions welcome.

Baldur

The only account which I have seen recently, which would have met your 'fixed rate and random additional payments' criteria was the Egg 6.3% Fixed Rate Websaver - it was withdrawn in early October.

The A&L eSaver 2 may be suitable as long as you don't want to make withdrawals, as no interest is earned in any month when a withdrawal is made (other than July).

Save regular amounts each month, or put in one-off payments whenever you want.

Froglet

Depends whether you have the minumum to put in here

http://www.bankofscotlandhalifax.co.uk/savings/bosinstantaccesssavingsaccountreward.asp

but from what i see it would suit your needs nicely.

mrbrown

Hmmm, I dont have enough to open the BOS account. A&L saver looks good, I bet theyre all going to be removing these offers in the next week or so. Better get my skates on! Thankyou.

Renfro

Baldur wrote: »

The A&L eSaver 2 may be suitable as long as you don't want to make withdrawals.

The A&L eSaver is not fixed rate though.

opinions4u

5% fixed for a year on £50+. 4 withdrawals. Additional deposits allowed up to £500k.

http://www.halifax.co.uk/savings/websaverreward.asp

Baldur

Renfro wrote: »

The A&L eSaver is not fixed rate though.

As I said, the only account which I knew that would have met both of the OP's criteria (fixed rate and random additional payments) was withdrawn in early October.

The eSaver 2 meets the second criterion.

Veryunique_2

Coventry BS had what you were looking for . Its 50 Plus eSave account also had monthly interest option. Believe now withdrawn though and ,course, you need to be over 50 in the first place.