weekend bank

PeacefulWaters

spezial wrote: »

but I need some interest! it's a large amount!

Eurozone interest rates are lower than those in the UK.

spezial

PeacefulWaters wrote: »

Eurozone interest rates are lower than those in the UK.

but not for euro accounts

I see interest rates for euro accounts at 0.10% in UK!

colsten

spezial wrote: »

but I need some interest! it's a large amount!

interest has always been expressed as a percentage, so the amount of money you have doesn't come into it.

interest rates are low just about everywhere in the world right now, and this is unlikely to change anytime soon. You might be able to make more money in some other countries, provided you can accept the conversion risks and the markets work in your favour. Similar is true if you are happy to go down the local casino and put it all on red. Or black.

colsten

spezial wrote: »

but not for euro accounts

I see interest rates for euro accounts at 0.10% in UK!

Where do you get more than 0.1% in the Eurozone?

And if so, how would this be beneficial

• to anyone with £££?
• to yourself?
• to anyone with €€€

I am beginning to wonder why you started this thread.

spezial

I just need to bring euro in uk
in eurozone you can find bonds with 6-month bonds with 2.25% and similar for longer bonds

benjus

colsten wrote: »

interest has always been expressed as a percentage, so the amount of money you have doesn't come into it.

Except that:

• Interest rates are often tiered so that larger balances attract better interest, or the best-paying accounts have a minimum balance.
• If the amount is small the interest received will be tiny so it's not worth spending lots of time shopping around.

benjus

spezial wrote: »

I just need to bring euro in uk
in eurozone you can find bonds with 6-month bonds with 2.25% and similar for longer bonds

Where is the money now? If it's in a Euro account already I suggest you leave it there. Why do you need to bring it to the UK? AFAIK there are no free Euro accounts available in the UK so any interest you make will probably be lower than the account fee.

spezial

is there a comparison website to compare interests in euro accounts in UK? or they are all pretty much the same, at the abysmal rate of 0.05% ?

gt94sss2

Not a recommendation but if you think that the Euro exchange rate is going to get worse vs. GBP than you might be better off converting the money to pounds and saving it here..

Regards
Sunil

bouicca21

How interesting to see that the troll has shifted boards. He/she has obviously exhausted the patience of the folk on the house buying forum.