Christmas Saver

oldvicar

Tjrw1985 wrote: »

Problem I have is I work for the company.

Please, make my day and tell me your job is to sell/advise to to your company's depositors :rotfl:

hermante

Jegersmart wrote: »

If you find any accounts in the future that pay 3.5% as long as the funds are there on a certain day let me know. I would gladly put as much money in there as I could get my hands on - and I would also borrow to do it.

J

Halifax reward! (more than 3.5% depending on what you count as your principal..)

Milarky

Remember this one from last year?

http://www.saffronbs.co.uk/members/news-and-publications/in-the-news/Saffron-Building-Society-launches-new-Christmas-Regular-Saver-account-044

Unusual in 'guaranteeing' a specific payout (not in cash!) - which they helpfully equate to an interest rate.

It was possible, I seem to recall, to time the monthly payments to the back end of the month (i.e. the reverse of the usual practice) to minimise the interest 'cost' for a given (i.e. 'fixed') return.

opinions4u

Phrase like "gross pa" - pa means per anum which means yearly. If your money hasn't been there for a year, don't expect a year's interest.

AER - guess what the A stands for. Yup, annual.

This should still be in the t&c's

You don't say who the provider of the account is, but in their T&Cs you will see something about interest calculations and daily. Try reading it.