savings rates

jugo_2

]Hi I know the best saving rates are for current accounts but most want a minimum amount paid & 2 dd out each month which are not options for me so where is the best place to save then or how do I get round these condtions so I can get the best rate
thanks for any help

Pollycat

Hi
You'd be better posting this on the 'Savings & investments' board here:
http://forums.moneysavingexpert.com/forumdisplay.php?s=&daysprune=&f=17

There's a sub board called 'ISAs & Tax Free savings'.

Also, have you read through the Banking & Savings section on the main site?
Here:
https://www.moneysavingexpert.com/banking/

zippychick

Hi, we move threads if we think they’ll get more help elsewhere (please read the forum rule) so this post/thread has been moved to another board. If you have any questions about this policy please email [EMAIL="forumteam@moneysavingexpert.com"]forumteam@moneysavingexpert.com[/EMAIL].

Zip

TrustyOven

Some people manage 50% saving rates, but not sure where they keep their capital.

I'm guessing you mean interest rates on savings accounts. That's a different kettle of fish. Please take a look at the links that Pollycat posted for more information.

Eco_Miser

Actually the best rates are on Regular Saver accounts, as listed here.

There are a number of threads discussing Direct Debits and how to create them.

Minimum pay-ins can usually be met by using the money in the current account, more than once if necessary.

G_M

jugo wrote: »

]Hi I know the best saving rates are for current accounts but most want a minimum amount paid & 2 dd out each month which are not options for me

Why not?

* Open 2 current accounts.
* on 14th of each month, Standing Order sending £1000 from A to B
* on 14th of each month, Standing Order sending £1000 from B to A
That's sorted the minimum amount paid in.

Open 2 Tesco savings accounts with £1 in each. Set up a Direct Debit drawing £1 per month out of each current account.

Sorted.

colsten

G_M wrote: »

Why not?

* Open 2 current accounts.
* on 14th of each month, Standing Order sending £1000 from A to B
* on 14th of each month, Standing Order sending £1000 from B to A
That's sorted the minimum amount paid in.

Open 2 Tesco savings accounts with £1 in each. Set up a Direct Debit drawing £1 per month out of each current account.

Sorted.

Except the Tesco "trick" will stop working in a couple of months, as has been discussed at length on this forum.