Maximum interest deposits

VeryMan

Hello! Can you tell me please which accounts exactly to open to put 150k for maximum interest? Because I used that website and you told me it's not accurate. https://www.bankaccountsavings.co.uk/ Thanks!

masonic

Is it really worth the hassle of setting up a large number of current accounts, multiple standing orders and direct debits to earn some interest for a few months while you find a plot of land for a self-build, especially given that you've recently been investigated by your bank for suspected money laundering and cycling money through a series of newly opened current accounts might, well, rekindle that situation?

ceredigion

1,2 or 3, people
http://www.moneysavingexpert.com/banking/compare-best-bank-accounts#interest

Westie983

Lots of answers to this question in one of your other threads where you have already asked this question, maybe worth revisiting

:-)

https://forums.moneysavingexpert.com/discussion/5479493

kingrulzuk

VeryMan wrote: »

Hello! Can you tell me please which accounts exactly to open to put 150k for maximum interest? Because I used that website and you told me it's not accurate. https://www.bankaccountsavings.co.uk/ Thanks!

VeryMan wrote: »

hello!
is there a loan I can get and deposit that money to receive the interest? Supposedly the loan interest will be less than the savings interest
thanks!

:think: :think: :think:

colsten

Celifein wrote: »

Since the OP seems to be really struggling with the whole concept of standing orders and how to properly manage current accounts with a minimum deposit requirement, I think they're better off sticking to something like a fixed term savings account, as they're unlikely to be able to manage current accounts or regular savers properly. Perhaps they can try the current accounts at a later date when they're more comfortable with operating a bank account?

I would echo that.

OP, you also need to know that it always remains your responsibility what you do with your money. Nobody apart from yourself knows what your requirements are, and nobody on the MSE forum is allowed to give advice. The information for the best interest paying accounts is freely available on this website and others.

bowlhead99

VeryMan wrote: »

everyone makes stupid assumptions and doesn't answer my question!

They answered your question by giving you a link to the thread where you asked the same question, and were answered, less than two weeks ago.

kingrulzuk

VeryMan wrote: »

everyone makes stupid assumptions and doesn't answer my question!

You make me laugh :rotfl:

HappyMJ

VeryMan wrote: »

It is NOT the same question!
In the other thread I asked about 1-2 accounts!
Now I am asking to maximize the interest in any number of accounts!
I need a list of accounts, a plan to maximize interest for 150k!

You need 40 or more accounts between 2 people.

I could type them all out but the link you posted in the first post will get you going.

When you've opened all of them come back tell us what you've got and you might get some pointers to some more obscure ones.

VeryMan

HappyMJ wrote: »

You need 40 or more accounts between 2 people.

I could type them all out but the link you posted in the first post will get you going.

When you've opened all of them come back tell us what you've got and you might get some pointers to some more obscure ones.

if I have three people?

masonic

There's no point helping those who won't help themselves.