TSB Monthly Saver - What rate am I getting?

jimjames

Eco_Miser wrote: »

Some of them aren't, but 2% is looking increasingly good. Where are you going to put the money otherwise?

Exactly. However I do think some people need to look beyond savings and keeping everything in cash. You certainly need a cash emergency fund but beyond that there are better places for long term money than just savings accounts.

guestman

maybe the tsb one is ok but some want to lock you into a 12 month contract, such as remove your money and youll only get 0.4% or what ever the normal savings accounts offers. such as first direct. I think shortly ill be happy to move from a couple of my accounts and get the switching bonus instead, the free £100 or more is worth a lot more than a years interest on some accounts now.


then again im not long term savings like some, my plan was to get a good deposit for a house and now im nearly there im not as bothered about saving rates

teddysmum

Premium Bonds look increasingly attractive, as they are like doing the lottery without losing your stake money and getting money out is easy.


OK, the interest rate is low, but with such low interest elsewhere, you aren't risking losing much, but could be lucky.


We rarely have a month with no 'winnings' and our first £1000 paid in earned £100 after the first qualifying month.