Now where?

vigman

It seems like only a month ago, not a year ago, when I got my over 50s Coventry BS savings account at 5% and my daughter (non tax payer) got her Halifax one year fix.

Coventry has dropped to 2%....haven't checked the Halifax. Can you ever bargain for better interest or is it passport and utility bill time again???

If so.........?????

TIA

Vigman

G_M

passport and utility bill time again

D1zzy

vigman wrote: »

It seems like only a month ago, not a year ago, when I got my over 50s Coventry BS savings account at 5% and my daughter (non tax payer) got her Halifax one year fix.

Coventry has dropped to 2%....haven't checked the Halifax. Can you ever bargain for better interest or is it passport and utility bill time again???

If so.........?????

TIA

Vigman

Halifax has a 1 yr fix @ 3.5% - not far off the best 1 year rate if yr daughter doesn't want the agro of moving.

Have you got accounts anywhere else that migh mean you could skip the ID process?

vigman

That's really helpful, thanks.

I tend to leave a trail of petty amounts in various accounts rather than closing them, so one must surely have something pretty good for the 35K I have in Coventry's over 50 1 year acc. I don't 'need' access but like the possibility even with interest loss, if necessary. Want to stick with UK backed funds still!

TIA

Vigman

D1zzy

Well you could put 21K in 3 x LLoyds vantage current accounts (lots of threads) - paying 4% and have full access, and then park the rest in 1 of the HBOS related 2 year bonds ( 4.35% -I think) or Natwest @ 4.2%

vigman

Thanks, but I must be being thick because I can't see the 4% on the Lloyds Advantage rates??

http://www.lloydstsb.com/rates_and_charges/savings/advantage_saver.asp#platinum

TIA

Vigman

Lokolo

vigman wrote: »

Thanks, but I must be being thick because I can't see the 4% on the Lloyds Advantage rates??

http://www.lloydstsb.com/rates_and_charges/savings/advantage_saver.asp#platinum

TIA

Vigman

Lloyds VANTAGE Accout.

http://www.lloydstsb.com/current_accounts/classic_and_classic_plus_accounts.asp

Its a current account with a decent rate.

vigman

Lokolo wrote: »

Lloyds VANTAGE Accout.

http://www.lloydstsb.com/current_accounts/classic_and_classic_plus_accounts.asp

Its a current account with a decent rate.

Sings: "What a difference an "A" makes...........":rotfl:

Thanks

Vigman

vigman

How come LloydsTSB can manage better rates on a current account than many banks can on saving accounts??

TIA

Vigman

premierfella

By limiting that minimum and maximum balance receiving that rate. They will also be hoping to either catch you for fees and charges at some point in the future and/or cross sell other products at a profit (as you will find if you ever try to speak to one of their telephone staff).

sagalout1954

The Lloyds Vantage says you have to pay in at least £1000 a month.