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Bank Account Savings Planner

jamesd · 2015-06-26 22:25:06

If you want to put lots of money in bank accounts to get more interest there's a handy planner at http://www.bankaccountsavings.co.uk/ . You tell it how much money you want to deposit and it'll tell you the leading accounts and a series of standing orders to set up to meet their minimum funding requirements. The interest…

Comments

kangoora Posts: 1,193 Forumite

30 June 2015 at 10:24AM

Nice tool, of course next year when up to £1k per person of interest can be paid gross it's going to complicate things a bit

One anomaly spotted, if you have one higher rate and one basic rate tax-payer then the tool defaults to the higher rate tax-payer's tax banding for all accounts.

I guess it just makes a difference on the interest paid and not on anything else though so may be too much hassle to adjust the tool?

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