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first direct regular saver - 6%
Comments
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Yes £93 is about the right number after BR tax. You can use the MSE Reg Saver Calculator to play about with numbers.0
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.... why would anyone use a regular saver with ROI of around 3% when I could put the money in a current account and earn 5%?
i think 'the way to do it' is to save any lumps you have at 3% or 5% or whatever you can get. and then, at the risk of stating the obvious, use Regular Savers as Regular Savers. just save £250/300 or whatever you can on a monthly basis to save up a useful lump sum, earning upto 6% in the process.0 -
..then, if you want to, add the £3k or so, plus interest, to your 'lump sum pot' and start another Regular Saver.
i have 2 maturing this month, with HSBC and WBBS, and they are going to neatly clear and close my NatWest and Tesco credit card accounts:A0
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