Elite 11+ shopping and chat thread

Anon

Sad_Dad wrote: »

Have you considered getting some of the better paying current accounts, e.g. TSB 5%, Nationwide flex / direct 5% (but 12 months only, Lloyds 4%, santander 3% (above 3k but max 20k).

fairclaire wrote: »

I agree ISA rates, even the introductory ones are extremely poor. I've got as much as I can spread over the high interest current and savings accounts. It's a bit more work than I'd like keeping track and keeping the money moving to make the most out of it but needs must.
Sadly I think it'll be a while yet before we see the days of tucking your money away in one place and seeing any sort of decent return.

Get me I saw a financial advisor this week. I'd been really worried about the real possibility that I'll have to give up work in the next few months. I'm not on the breadline but I can't access any pension until I'm 50 either and living off my savings for a few years in the past has taken its toll. Thankfully I'm not in as bad a position as my head was telling me I was and the advice about the savings was to do just as I have been doing with the higher interest accounts.

matty17r wrote: »

I think all the ISA rates are dire. Have you maxed out all the current accounts, e.g 3xBOS, Tescox2 TSBx3 NWx1 the list goes on. These rates are better than an ISA even if you are a non tax payer surely?

Thank you for your replies - yes I have a suite of other accounts . I didn't know if it was worth keeping money in the ISAs (as I have rolled each year) or given the rates now if there is no financial benefit any more and therefore better to bail out and see if there are other current accounts.

Anon

Snap-ant

mhoc

fairclaire wrote: »

I agree ISA rates, even the introductory ones are extremely poor. I've got as much as I can spread over the high interest current and savings accounts. It's a bit more work than I'd like keeping track and keeping the money moving to make the most out of it but needs must.
Sadly I think it'll be a while yet before we see the days of tucking your money away in one place and seeing any sort of decent return.

Get me I saw a financial advisor this week. I'd been really worried about the real possibility that I'll have to give up work in the next few months. I'm not on the breadline but I can't access any pension until I'm 50 either and living off my savings for a few years in the past has taken its toll. Thankfully I'm not in as bad a position as my head was telling me I was and the advice about the savings was to do just as I have been doing with the higher interest accounts.

One thing that annoys me are some monthly savers - some are continous but others only last a year so in month 12 they close and your money goes somewhere, you ring to set up a new one, make a note of the new number, you cancel the old standing order, you set up a new one, you make a note on the calender - why??. No reason why they can't all be continous with just one withdrawl per year ...

Nationwide are being really annoying. Firstly they had a loyalty saver but the savings rate dropped and dropped so now I don't use mine and it will eventually be closed.
They took over CHESHIRE building society a few years back where I had my very first monthly saver account but we were allowed to contine with the account with no changes. Until now that is. Well we knew it would not be forever but even so it came as a shock, firstly the interest rate is going down. Then in December it's being closed altogether.
Nationwide also had its own monthly saver which again is being closed in December. It is being replaced with a similar product, better rate but you are only allowed to save half the ammount.
So that's 3 of my nationwide accounts which will be closed by the end of the year.
It has taken decades to get to the point where I can save but now Nationwide don't want my money

ISAs I have no confidence with at all now, I was too late to the party to ever enjoy the good rates for these. I've just got an easy access one this year where bill money moves in and out of waiting for due dates.

Nationwide have a 2% one but its for 5 years which is far too long a commitment for just anyone ...

Savvybuyer

mhoc wrote: »

One thing that annoys me are some monthly savers - some are continous but others only last a year so in month 12 they close and your money goes somewhere, you ring to set up a new one, make a note of the new number, you cancel the old standing order, you set up a new one, you make a note on the calender - why??. No reason why they can't all be continous with just one withdrawl per year ...

It's so that people forget and aren't like us - it's also hassle (even if of the nature of just making a phone call) - so people don't change their accounts after a year, having been moved automatically to one of an unfavourable rate, and it makes the banks money. Even if you're a few days late in making the call to get your money put into a new Monthly Saver, every day it is in the unfavourable account is losing you money.

mhoc

Anon wrote: »

Thanjk you for your replies - yes I have a suite of other accounts . I didn't know if it was worth keeping money in the ISAs (as I have rolled each year) or given the rates now if there is no financial benefit any more and therefore better to bail out and see if there are other current accounts.

Anon

There is a nice Leeds building society monthly saver which you can apply for online. You then get a form to print off to send with your Opening cheque. You get a passbook but you can see your account online, all very simple and straightforward, just need a standing order to top up the account every month.
Off the top of my head its 3% annually and its continous so no faffing about once its set up.

zippydooda

Bajjo wrote: »

it seems likely that:
400g Toblerone 75p in Waitrose from Tomorrow until 28/06



67.5p in A

cant believe i had that page open for weeks on my lappy, and only closed it yesterday.

lookinforabargain

Snap-ant wrote: »

Ha! That is so me :rotfl:

zippydooda

Sad_Dad wrote: »

Fantastic, bit of an old favourite this one. Tricky thing is finding any other good AvW comparisons.

start a list.
1. banana
2. romaine lettuce (2 pack)

zippydooda

izzeyb wrote: »

Think I will just call in Waitrose and spend my £5 gift card on them

agreed thats no messing about, but unlikely to have stock.

mhoc

Anon wrote: »

In other news ... has anyone found any easy access ISAs paying reasonable rates please? My Santader has matured but the rates seem even worse this year aroiund 1%.

Many thanks

Anon

Nationwide have a 2% one but its for 5 years - depends on what your 5 year plan is.
Or what about this for a short term plan - they have a fully flexible ISA which I think is 1.3% - not sure if transfer in are allowed so you would need to check. If yes you can then use this Flexible ISA to gradually drip feed into your monthly savers - in theory you are then getting 2 bites of the cherry