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The "Save 12k in 2017" Thread!

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  • Fruittea
    Fruittea Posts: 957 Forumite
    Part of the Furniture 500 Posts
    I have a couple of Christmas money gifts that I want to pay into a new savings account. Anyone got any good ideas about which account to go for. Thanks in advance.
  • missy83_2
    missy83_2 Posts: 12 Forumite
    edited 30 December 2016 at 12:25PM
    Hi there can I please join?


    I'm new to the forum and id like to attempt 15k for 2017 to put towards a house deposit :)
    Missy83
    Save 15k in 2017 #128 £1900/£15000 12.6%

    House Deposit Target £14200/£50000 28.4%


  • Cottage_Economy
    Cottage_Economy Posts: 1,227 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Need to pump up my savings cushion after moving house a few months ago.
  • Wentthedaywell?
    Wentthedaywell? Posts: 643 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Fruittea wrote: »
    I have a couple of Christmas money gifts that I want to pay into a new savings account. Anyone got any good ideas about which account to go for. Thanks in advance.
    Current accounts pay better interest than savings at the mo, but you are limited how much you can save and some require you to pay in so much a month (though you can take it out straight after ! :D)

    TSB pays 5% but you have to pay in £500 pm, and Tesco 3%.
    Save £12k in 2022 thread #7:

    Save £10,000 Jan-May 2022 THEN RETIRE!!
    Final total for (half) year: -£4,000
  • Eco_Miser
    Eco_Miser Posts: 4,869 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 29 December 2016 at 6:00PM
    Wentthedaywell? wrote: »
    TSB pays 5% but you have to pay in £500 pm.
    Drops to 3% next week. See here for list of best current and Regular Saver accounts
    Eco Miser
    Saving money for well over half a century
  • Frugaliza
    Frugaliza Posts: 65 Forumite
    Eighth Anniversary 10 Posts Name Dropper Combo Breaker
    Eco_Miser wrote: »
    Drops to 3% next week. See here for list of best current and Regular Saver accounts


    See where? Have I missed your link? Does the Tesco current account require a minimum monthly pay in?
  • fire-wannabe
    fire-wannabe Posts: 105 Forumite
    Seventh Anniversary 100 Posts
    Hi can I join please?
    I'd like to save £1000 this year, as main priority is to reduce debt balance, thank you :-)
  • Suffolk_lass
    Suffolk_lass Posts: 10,309 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Frugaliza wrote: »
    See where? Have I missed your link? Does the Tesco current account require a minimum monthly pay in?

    The word "here" is the link Frugaliza

    HTH
    SL
    Save £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
    OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
    My new diary is here
  • Eco_Miser
    Eco_Miser Posts: 4,869 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Frugaliza wrote: »
    See where? Have I missed your link? Does the Tesco current account require a minimum monthly pay in?
    https://forums.moneysavingexpert.com/discussion/5374614

    Yes, it's the word here

    No.
    Eco Miser
    Saving money for well over half a century
  • Fruittea
    Fruittea Posts: 957 Forumite
    Part of the Furniture 500 Posts
    Many thanks for the information on TSB. As a new customer I think I should qualify for the higher rate and say Wentthedaywell I can set up a standing order to pay £500 in and then straight out again. I have a TSB near me - so I can pop in and check. Many thanks.
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