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23000?

fleurtea
Posts: 2 Newbie
Where to save please
0
Comments
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Check out the links below with contain a lot of information on various saving options.
Top Savings Accounts 5% easy access, 2% fixed
Top Cash ISAs 2016/17 1.22% easy access or 1.7% fixed"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)0 -
And consider high interest current accounts - you can have more than one
http://www.moneysavingexpert.com/savings/savings-loophole.0 -
And consider high interest current accounts - you can have more than one
http://www.moneysavingexpert.com/savings/savings-loophole.
There is an error in the info in the anove link.
Wherever it says you can have 2 accounts(1 joint), it really means 3 accounts with one of them being a joint account.
Cheers fj0 -
Santander but you have too much, they will only accept 20k. Put 3k in NSI or go on holiday.0
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bigfreddiel wrote: »There is an error in the info in the anove link.
Wherever it says you can have 2 accounts(1 joint), it really means 3 accounts with one of them being a joint account.
This means two people can have 3 between them, but one person with no-one to have a joint account with can only have one.Eco Miser
Saving money for well over half a century0 -
No, one person can have 2 accounts, of which one must be joint with someone else.
This means two people can have 3 between them, but one person with no-one to have a joint account with can only have one.
I'm confused, you start by saying one person can have 2 accounts,
Then you finish by saying but one person can only have one account.
Cheers fj0 -
bigfreddiel wrote: »I'm confused,bigfreddiel wrote: »you start by saying one person can have 2 accounts,
Then you finish by saying but one person can only have one account.
Cheers fj
One person can have a maximum of two accounts (of the type specified), one of which must be joint. This means that one person cannot have three or more accounts, in any combination of sole and joint. They may have just one, and if they have no-one with whom to have a joint account, they are limited to just the one sole account, unlike at Tesco, where one person can have two sole accounts.
Two people can have a maximum of two accounts each, but since one is joint, this totals to three, not four.Eco Miser
Saving money for well over half a century0 -
That will be why you said two accounts really means three accounts.
Read the whole of the sentences.
One person can have a maximum of two accounts (of the type specified), one of which must be joint. This means that one person cannot have three or more accounts, in any combination of sole and joint. They may have just one, and if they have no-one with whom to have a joint account, they are limited to just the one sole account, unlike at Tesco, where one person can have two sole accounts.
Two people can have a maximum of two accounts each, but since one is joint, this totals to three, not four.
Yep, you explained it really badly, it's obvious that a single person cannot have a joint account.
So a single person has one account
Two people have three accounts, a single account each and one joint account.
cheers fj0 -
bigfreddiel wrote: »Yep, you explained it really badly, it's obvious that a single person cannot have a joint account.
When the table in the link is headed "How many can YOU have" and then the table says YOU can have two accounts (one of which must be joint), the link is telling the truth and doesn't need correcting by you saying the link is wrong.
But from this "you can have two accounts (one of which must be joint)", it follows that if you do not have someone who wants to share an account with you, you will not be able to get the two accounts.
If there are two of you, you can each have your own account, and you can each have a joint account, but the joint account that you each have, will be the same account, so the total number of accounts is three.
Three people can have six accounts (three of which must be joint), or twenty people can have 210 accounts (190 of which must be joint).0 -
bowlhead99 wrote: »
Three people can have six accounts (three of which must be joint), or twenty people can have 210 accounts (190 of which must be joint).
Don't give veryman any more ideas....0
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