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Savings

stepea
Posts: 12 Forumite
Hi, I've got 11k to invest from an ISA that's matured - with the ISA rates these days I don't expect to put this into another ISA.
I looked up some savings accounts, but I don't want to go into the trouble of setting up direct debits just to meet criteria of money in/out just to get the rate on offer.
did think of santander 123 ac but I don't want to move my day to day account.
don't want to invest in stocks or shares
not sure if there are any options left
I looked up some savings accounts, but I don't want to go into the trouble of setting up direct debits just to meet criteria of money in/out just to get the rate on offer.
did think of santander 123 ac but I don't want to move my day to day account.
don't want to invest in stocks or shares
not sure if there are any options left
0
Comments
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What's wrong with Santander 123?
Set up 2 direct debits to a charity of your choice for the lowest amount possible. The extra interest you will earn will outweigh the cost of donating each month.
There is no need to move your day-to-day banking to Santander.:footie:Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
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Hi, I've got 11k to invest from an ISA that's matured - with the ISA rates these days I don't expect to put this into another ISA.
I looked up some savings accounts, but I don't want to go into the trouble of setting up direct debits just to meet criteria of money in/out just to get the rate on offer.
did think of santander 123 ac but I don't want to move my day to day account.
don't want to invest in stocks or shares
not sure if there are any options left
Turf accountant, lottery, premium bonds. All easy to set up!
Cheers fj0 -
gold <--The message you have entered is too short.0
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I looked up some savings accounts, but I don't want to go into the trouble of setting up direct debits just to meet criteria of money in/out just to get the rate on offer.
Current accounts that pay reasonable interest do need a specified amount going in every month, either to get the interest, or to avoid a fee, but that's not a direct debit, and not all the accounts require direct debits.did think of santander 123 ac but I don't want to move my day to day account.don't want to invest in stocks or sharesnot sure if there are any options leftEco Miser
Saving money for well over half a century0 -
I sound like a broken record...but I would research P2P lending sites (http://p2pindependentforum.com is a good place to start).
The santander123 is good- if you put your qualifying DDs on there you will likely make money above the £2/month fee0 -
Hi, I've got 11k to invest from an ISA that's matured - with the ISA rates these days I don't expect to put this into another ISA.
don't want to invest in stocks or shares
not sure if there are any options left
Bear in mind that you don't need to put all your money into the same thing.
Not sure why you're excluding S&S, do you need to use the money in the next 5 years? You could always put a portion of it into different accounts/investment so you aren't totally in cash or S&S.Remember the saying: if it looks too good to be true it almost certainly is.0 -
What's wrong with Santander 123?
Set up 2 direct debits to a charity of your choice for the lowest amount possible. The extra interest you will earn will outweigh the cost of donating each month.
There is no need to move your day-to-day banking to Santander.
What about setting up direct debits to pay other accounts or transfer to a family member (another bank), is that allowed. Does it matter who or what the direct debit is set up for.0 -
What about setting up direct debits to pay other accounts or transfer to a family member (another bank), is that allowed. Does it matter who or what the direct debit is set up for.0
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Realised that after I typed it.
If my Brother was British Gas I don't think I would worry about savings.0 -
What about setting up direct debits to pay other accounts or transfer to a family member (another bank), is that allowed.
Tesco Bank has a couple of these savings accounts that allow DDs from an apparently unlimited number of current accounts.Does it matter who or what the direct debit is set up for.Eco Miser
Saving money for well over half a century0
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