Highest interest you have

MEEKUS

With interest rates so low at the moment, just wondering whats the highest interest rate you have in your portfolio? For example any old fix rate products?
Notwithstanding any regular savers!

KonkyWonky

5% at Nationwide, nothing spectacular and will run out in a few months.

Don't overlook regular savers, some great rates and you can easily put over a grand away a month at far higher rates than anything else available on the high street.

MEEKUS

Yeah true, but they usually work out half the actual rate they advertise...

talexuser

I took out a 1 year fix at 1.8% in July when rumours started of BOE cuts, today the best you can get is around 1.3%. A difference of £50 interest on eg 10 grand doesn't exactly seem like the end of the world frankly.

jimjames

MEEKUS wrote: »

Yeah true, but they usually work out half the actual rate they advertise...

Oh no they don't. They pay exactly what they advertise. Why would they pay interest on money not in the account?

I've still got 5% with TSB and Nationwide.

talexuser

To be more accurate, if you have a lump sum, and are only allowed to save so much per month in a regular saver, then at the end of the term the total interest is a little above half the advertised rate for the whole amount, compared to having the whole amount in an account earning interest the whole time. But then again you could be earning some interest while waiting for the monthly windows on the remaining amounts, so still a bonus, and you are getting the advertised rate on the amounts allowed in.

enthusiasticsaver

I fed my regular savers from my bank of Scotland account which was earning 3% and gradually moved it into Nationwide flexclusive regular saver, TSB classic plus, First Direct and LLoyds Club so the least it ever earned was 3% and the most 6%.

YorkshireBoy

MEEKUS wrote: »

With interest rates so low at the moment, just wondering whats the highest interest rate you have in your portfolio? For example any old fix rate products?
Notwithstanding any regular savers!

I can't imagine anyone having a fixed rate savings product in excess of 6% AER still running? So the answer is going to be 6% AER isn't it?

planteria

5% with TSB.. and 6% with HSBC and M&S RegSavs.

Westie983

6% - HSBC/FD
5% - N/Wide/TSB/Santander
4% - Lloyds
3% - Tesco/BOS
3.75% - Kent
3.05% - Leeds
2.03% - Leeds
2.25% - Virgin
1.75% - Buckinghamshire

Plus the reward account
Barclays
Coop
Halifax
Natwest

bowlhead99

With interest rates so low at the moment, just wondering whats the highest interest rate you have in your portfolio

My highest in the portfolio with a fixed contracted payment value (assuming the businesses involved stay solvent enough to keep paying):

Raven Russia redeemable cumulative preference shares (RUSP) pay 12p a year (3p a quarter), the share price is 135.5p.

Lloyds Banking Group non-cumulative irredeemable preference shares (LLPC) pay 9.25p (4.625p twice a year), the share price is 144.5p.