Whats the highest % savings account?

Inf0war

Hi,

Am looking for a flexible monthly paid % savings account with no minimum payments and no withdrawal penalties. Please advice.

The Egg 5.5% was withdrawn last night.

grumbler

A&L online saver 5.35%.
FD 6.35% ISA (for 8 months)
Halifax regular savings account 7% for 12 months (£25-£250 per month).

Inf0war

grumbler wrote:

A&L online saver 5.35%.
FD 6.35% ISA (for 8 months)
Halifax regular savings account 7% for 12 months (£25-£250 per month).

Hi,

what is FD 6.35% ISA ?
Do you have a link for it?

regards

skiddy2k

Alliance and leicester online saver is a recommended account to go for @ 5.35% AER (compounded interest) and i think the gross is 5.09%

hansi

Inf0war wrote:

Hi,

what is FD 6.35% ISA ?
Do you have a link for it?

regards

https://www.firstdirect.com

Inf0war

skiddy2k wrote:

Alliance and leicester online saver is a recommended account to go for @ 5.35% AER (compounded interest) and i think the gross is 5.09%

Alliance and leicester online saver @ 5.35% AER is high however the % is payed annualy. ING Direct gives interest monthly, which I think is a better offer as one has more flexibility over moving money.

regards

deefadog

I just saw an advert on TV, that HSBC are doing a wooping 8%, I don't know the details of it though! seems a bit dodgy to me

Here is the link - HSBC

newsmonkey

deefadog wrote:

I just saw an advert on TV, that HSBC are doing a wooping 8%, I don't know the details of it though! seems a bit dodgy to me

Here is the link - HSBC

The 8% is a regular saver account, ie you pay in a certain amount every month for a year. A string of conditions apply, such as being an existing HSBC customer (or switching to them).

If it's regular monthly savings without complications you're after, give the Halifax a shot, at 7%

deefadog

Hi newsmonkey, I am currently with ING and the Halifax is alot higher interest, does the Halifax calculate the interest in the same way? Also do they have an online backing system, this is important to me as i can't get out to the bank!

Cheers

lipidicman

Inf0war wrote:

Alliance and leicester online saver @ 5.35% AER is high however the % is payed annualy. ING Direct gives interest monthly, which I think is a better offer as one has more flexibility over moving money.

regards

You dont have to wait for the interest - if you want to move then you can close the account and it will be added on.

thesealeyboy

deefadog wrote:

I just saw an advert on TV, that HSBC are doing a wooping 8%, I don't know the details of it though! seems a bit dodgy to me

Here is the link - HSBC

Dodgy? Maybe. It's only available to HSBC Current Account customers only, and it states 'No partial withdrawals allowed' - i'm guessing this means that at any point in time if you needed to get access to yoru savings they'd want you to take out the whole lot and close the account? Is this the norm?

J