easy way to get £50 interest a month?

LXdaddy

LXdaddy wrote:

If you are comparing 20K in Santander at 3% = £600 gross in the year then you could do...


5K at 4% LLoyds
2K at 5% TSB
2.5K at 5% Nationwide (need to confirm this one)
2 * 3K at 3% Tesco or BOS
That's 15.5K paying £605 interest per year


see https://forums.moneysavingexpert.com/discussion/5374614

diamonds wrote: »

For £5!

Easier giving up a pint and bag of chips once a year

I was answering the OP's question

whats easiest way to get £50 interest a month in current accounts apart from santander123. thanks

I providied a list of current accounts and balances that would generate £50/month in interest.
I was not saying this was better than Santander - just providing a list of current accounts that would do that. If you are so concerned that I "overshot" by £5 then reduce the balance on one of the accounts to compensate.

diamonds

LXdaddy wrote: »

I was answering the OP's question
I providied a list of current accounts and balances that would generate £50/month in interest.
I was not saying this was better than Santander - just providing a list of current accounts that would do that. If you are so concerned that I "overshot" by £5 then reduce the balance on one of the accounts to compensate.

I was not making reference to you at all not being helpful which you were, just the general easy way with one account for a fiver saving was easily achieved by minus 1 lunch a year was substantially easier admin for anyone instead of multiple accounts

It's a bit obsessive to have numerous accounts and admin for £5 a year -50p a month, some people have numerous jobs where time (or even effort for £5) is easily discounted by 1 account and a small annual sacrifice

LXdaddy

diamonds wrote: »

I was not making reference to you at all not being helpful which you were, just the general easy way with one account for a fiver saving was easily achieved by minus 1 lunch a year was substantially easier admin for anyone instead of multiple accounts

It's a bit obsessive to have numerous accounts and admin for £5 a year -50p a month, some people have numerous jobs where time (or even effort for £5) is easily discounted by 1 account and a small annual sacrifice

I's not about the £5
The question was about an alternative to Santander. Not "Can I get more than £50 a month interest?"


Personally I'd keep the £20K in Santander but the OP was looking for a alternative.

colsten

diamonds wrote: »

It's a bit obsessive to have numerous accounts and admin for £5 a year -50p a month

Which bank offers accounts for £5/yr, or has a £5/yr charge?

How would £5/yr equate to 50p a month?

Who on MSE has ever recommended a £5/yr account? Never mind that such accounts don't exist, and that nobody has ever had, or recommended, one, and certainly not "numerous" ones of them.

diamonds

colsten wrote: »

Which bank offers accounts for £5/yr, or has a £5/yr charge?

How would £5/yr equate to 50p a month?

Who on MSE has ever recommended a £5/yr account? Never mind that such accounts don't exist, and that nobody has ever had, or recommended, one, and certainly not "numerous" ones of them.

Your rambling again colsten, happy continued trolling again though, :rotfl:

colsten

diamonds wrote: »

Your rambling again colsten, happy continued trolling again though, :rotfl:

Once you have sorted out your grammar, would you please answer the questions asked earlier:

Which bank offers accounts for £5/yr, or has a £5/yr charge?

How would £5/yr equate to 50p a month?

Who on MSE has ever recommended a £5/yr account?

diamonds

colsten wrote: »

Once you have sorted out your grammar, would you please answer the questions asked earlier:

Which bank offers accounts for £5/yr, or has a £5/yr charge?

How would £5/yr equate to 50p a month?

Who on MSE has ever recommended a £5/yr account?

I said £5 saved on a lack of 1 beer and portion of chips purchase, once a year!


£5 a year is not far off 50p saving a month for multiple accounts




both points ^ over 1 account with Sintander.


I again did not say that last point of yours nor anything your fantasy points above imply :rotfl: but its ok for you to believe such, you are not hurting anyone (externally).

grumbler

I hated your perpetual and nonsensical ":rotfl:" on the Mobiles board.
And I hate them here.
Something is definitely wrong with your SOH.

diamonds

grumbler wrote: »

I hated your perpetual and nonsensical ":rotfl:" on the Mobiles board.
And I hate them here.
Something is definitely wrong with your SOH.

Oh well best you be back over there then...



The amount of self appointed powerless mods trolling on MSE who feel the need to inject when someone posts past their daily rate and get territorial about such in the last 5 years is nothing short of: :rotfl:



This place was a absolute great community once, that behaviour was reserved for other websites and MSE shone because it was different, people were polite and trolling was a nono a REAL appointed mod on here would not tolerate.



Enjoy the mobiles board

Archi_Bald

diamonds wrote: »

This place was a absolute great community once

Sadly then you arrived.