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Chiltern Gold Mine Issue 3 - 5.1%

johnmoney05
johnmoney05 Posts: 1,484 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in Savings & investments
New issue from today for those who missed the last 2 issues.

Sadly, only one Gold Mine account (any issue) per customer is permitted.

http://www.bucksbuildingsociety.com/investments/chiltern_gold_mine_issue3.asp

Comments

  • fullstop
    fullstop Posts: 545 Forumite
    I see the interest at the end of 12 months if you pay the full amount of £250.00 per month is £82.65 gross, what would be the figure with 20% deducted? Have a Halifax RS maturing this month and will not be paying in for another year at 2%.
    "When the Government borrows, the citizen has to save".

    Machiavellii
  • anselld
    anselld Posts: 8,683 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    fullstop wrote: »
    £82.65 gross, what would be the figure with 20% deducted?
    "gross" means before deduction of tax.
  • fullstop
    fullstop Posts: 545 Forumite
    anselld wrote: »
    "gross" means before deduction of tax.

    Sorry had a late night, brain not working yet.
    "When the Government borrows, the citizen has to save".

    Machiavellii
  • apt
    apt Posts: 3,247 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Multiplying £82.65 by 0.8 should not be beyond you fullstop. Although the headline interest rate is fine, unless you are already with the Chiltern BS I'm not sure around £65 is worth the hassle of opening an account. The Lloyds Vantage and Swindon and Stroud Regular Savers are probably better options as they are not limited to one year.
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