savings

margurite_fitzgerald

I have an isa and also premium bonds, because my isa reduced by half wondering wether to take out and get more premium bonds, or have you any other suggestion

Lokolo

Premium Bonds average return is 1.8%. I would think your ISA savings are still earning more than this, if not, you can always transfer to an ISA which is paying better.

Reaper

Absolutey do NOT cash in your ISA to get more premium bonds!

Premium bonds currently pay out 1.8% on average and that is likely to drop even further, plus if you cash in your ISA you can't open it again (just new ISAs each year whithin limits).

If your ISA is paying less than 1.8% then switch it somewhere better.

EDIT: Beaten to it

richardlionheart

margurite_fitzgerald wrote: »

I have an isa and also premium bonds, because my isa reduced by half wondering wether to take out and get more premium bonds, or have you any other suggestion

there is a lengthy thread all about premium bonds on this board.
problem is now is the prize money pot has been reduced somewhat.
i haven't had anything for 2 months ( use to get regular £50 , £100 a month )

I guess you mean a Stocks and Shares Isa ? , join the boat

all i can say is i am glad i didnt invest in that property in Bulgaria


edit: beaten x 2

soulsaver

richardlionheart wrote: »

there is a lengthy thread all about premium bonds on this board.
problem is now is the prize money pot has been reduced somewhat.
i haven't had anything for 2 months ( use to get regular £50 , £100 a month )

I guess you mean a Stocks and Shares Isa ? , join the boat

all i can say is i am glad i didnt invest in that property in Bulgaria


edit: beaten x 2

Oooh.. painful ...& not totally justified, once should have been enough.