Highest interest you have

Broken_Biscuits

My Property bridging loans through savingstream pay a fixed fee of 12%.

Next up is ratesetter paying out 6.5% fixed for the next 4 years although these rates are no longer available for reinvestments.

Tsb currently pays 5%.

I have a number of funds that pay 3-4% returns too.

chattymum

Hi
.
i hope its ok to post this, but i am also looking for a savings account for my 19 year old daughter. she has a lump sum that she needs to put into the best account. she wont be adding to it so its a 1 off pay in. she also needs easy access if she needs to withdrawl it.

can anyone recommend the best places to open up an account for her please.
she has 1200

thank you
christine

Dan83

In a bank 5% with TSB and Nationwide.

In P2P 12%.

tommysaver

1.5% on the 123 account. Was 3% so getting £50 back a month. Now £25+

All well and good saying you have 5-6% etc but that's irrelevant if the max saving allowed is like 2-3k.

YorkshireBoy

tommysaver wrote: »

All well and good saying you have 5-6% etc but that's irrelevant if the max saving allowed is like 2-3k.

It's highly relevant when the question asked was very clearly "whats the highest interest rate you have in your portfolio?"

Dan83

tommysaver wrote: »

1.5% on the 123 account. Was 3% so getting £50 back a month. Now £25+

All well and good saying you have 5-6% etc but that's irrelevant if the max saving allowed is like 2-3k.[/QUOTE

The op might only have 2-3k to save

jimjames

tommysaver wrote: »

1.5% on the 123 account. Was 3% so getting £50 back a month. Now £25+

All well and good saying you have 5-6% etc but that's irrelevant if the max saving allowed is like 2-3k.

It's also well and good quoting 3% when you are likely to get less due to the fees and if you have under £20k that will be a significant drop.

5% is possible on around £30k.

planteria

bowlhead99 wrote: »

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

8.85%.. interesting stuff bowly:)

planteria

chattymum wrote: »

can anyone recommend the best places to open up an account for her please.
she has 1200

a current account, such as those referred to here christine. there are options with much better rates than instant access savings accounts. looks at TSB, LLoyds, Nationwide.. but two things: firstly rates are changing at the moment, downwards, so it is a moving target. and secondly you may need to ensure your daughter has a couple of small Direct Debits set up on the account to qualify. this may seem like more work than you want, but it also may be very useful for her to learn and understand how such things work. small DDs could be into savings accounts, for example. i don't know how proficient she is with banking and financial matters, of course.

Wobblydeb

MEEKUS wrote: »

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

My highest in S&S ISA is Co-op Bank 11% Sub 2023 (42RQ).

Current price is 81.75 so running yield is 13.45% but it is not for widows, orphans or those with a nervous disposition! I am 26% down in initial investment.