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Halifax Online tracker bond
DiegoGarcia
Posts: 14 Forumite
Okay, so I just opened my first savings/bond account.
I just lumped £2,600 into the account which will gain interest monthly and some small percentage when it matures in 18 months time. Anyone else use this Halifax online tracker bond? Can anyone tell me which day of the month the interest gets added (is it 30 days from opening the account?)?
And also Can anyone figure out how much I will get monthly added to £2600???
I could work it out myself, but not sure how to!!!
I just lumped £2,600 into the account which will gain interest monthly and some small percentage when it matures in 18 months time. Anyone else use this Halifax online tracker bond? Can anyone tell me which day of the month the interest gets added (is it 30 days from opening the account?)?
And also Can anyone figure out how much I will get monthly added to £2600???
I could work it out myself, but not sure how to!!!
0
Comments
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1.05% AER?
Not much - £2.xx a month?
Strikes me as an odd product to invest in considering the alternatives.0 -
Could you recommend any of the alternatives which would gain more interest?
I have some more money that I would like to invest.0 -
open up a TSB current account and follow their conditions and you can earn 5% on 2k, Nationwide will earn you 5% on 2.5k, santander will earn you 3% if you hold between 3-20k, and lloyds will pay 4% on up to 5k....
just remember to follow all the criteria but read around on this forum and there is plenty of advice on how to meet it easily...0
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