How much can you save?

Lokolo

McSaver wrote: »

Why on earth would you want to hunt me down? lol

Cause I am crazy Lokolo :eek:

Driving_Soon

I am not happy!

Just checked my online banking and my interest has been paid into my saving accounts!

In my Barclays ISA Last month I got £42.43 interest, this month £32.65! a £10 differences!!

and In my Barclays online reward savings account I got £37.46 last month, this month only £29.33

Thats nearlly £18 difference!

Can anyone think of a reason why? I am sure that the rate was fixed for a year, The ISA for certain!

Lokolo

Barclays Tax Haven ISA Rate went down to 5.5% AER I think (rather than the 6.25% or whatever it was)

Lokolo

Oh yeh and as things go, I am off to Eastwood. COME ON WYCOMBE!

Driving_Soon

Lokolo wrote: »

Barclays Tax Haven ISA Rate went down to 5.5% AER I think (rather than the 6.25% or whatever it was)

Really? Sucks! lol.

paulboy83

Hello all, I decided yesteday when I was stuck in the cold of scandanavia that I was going to try and make an effort to save a bit more for a few months so i'm trying to save my entire basic pay every month, as I earn about the same amount if not more on my variable pay. I've started this month and it's made my savings accounts look a lot happier! Although we have decided to do a bit of decoration soon so thats going to cost a bit, but i've got the savings for it so everything is good

paulboy83

i've just discovered that that ING have reduced their interest rate to 2.75% I opened an account to get a referal bonus and as the rate was ok with the bonus on interest rate, now its just total poo rather than ok. I'm going to move some money, but I can't work out where as not everyone has dropped their rates. i'm all confused now!

Pitchshifter

Put your money in a fixed rate account.

I like Halifax Guaranteed Reserve, it's over 5% depending how much you save and you can fix it for over a year. Also there's a 7% fixed regular saver which takes upto £500 per month for 1 year.

briona

paulboy83 wrote: »

I'm going to move some money, but I can't work out where as not everyone has dropped their rates. i'm all confused now!

I know it's not especially money saving (and on a money saving forum as well! LOL!) but right now, despite the rate cuts on all of my savings accounts, I am happy to leave my money where it is.

Having previously jumped on the top-paying accounts and consequently risked my money, I'd rather take a lower rate and more (albeit perceived!) security than run the risk of losing everything I have saved.

It's worth remembering that once people would have been delighted with a 2.75% rate. It's only because we've briefly seen rates top the 7% mark that we all think this is now sub-standard...

paulboy83

true, i'd lock it up if I could but this is the savings which I need access to at short notice. After looking around i'm gonna stay where I am for a week or 2 and let everyone do what they will with their rates at the start of the month then i'm gonna go for it, as even if it's only 3.5% I can do a lot better than the ING rate!