The Top Easy Access Savings Discussion Area

MARKTP10

Hi
I have 35000 to invest and do not have a clue where is best for my money.Can anyone offer any advice.

khrest

ICICI are hopeless and they wont open an account for me unless I first open a current account with them.

This is because they will not link a joint account with their savings account.

Oh and it took them four weeks to process and then decide to send my cheque back to me uncashed.

Appalling service frankly.

Victors_Bruvver

khrest wrote: »

ICICI are hopeless and they wont open an account for me unless I first open a current account with them.

This is because they will not link a joint account with their savings account.

Oh and it took them four weeks to process and then decide to send my cheque back to me uncashed.

Appalling service frankly.

This happened with me. If you have a cheque showing both names as joint account, you must both sign it. So all you have to do is just resend that returned cheque with the other signature.

notis7

Guys - the best high street instant access at the moment is Abbeys 6.50% but that is for new money only followed by A&L who pay no interest when you make a withdrawal!
Halifax have a web saver extra at 6.15% with 1 free withdrawal at a maximum investment of £100k
and then the rest trail in with just above 6% or less....

yebaws

Heard that this bank are in deep with US sub-prime problems and that Moodys are about to remove their triple A rating. I'm no expert, but financial commentators have suggested that they may be using UK savers to "plug a funding gap" - Hence the very high interest rate on offer.

I think your first £35K will be guaranteed, but if your lucky enough to have more savings than that, I wouldn't put it here....

lowplainsdrifter

I have two teenagers who want to open high interest internet savings accounts.

Most sites seem to require a minimum age of 18.

Who offers the best deal for a 16 year old?

suelees1

yebaws wrote: »

Heard that this bank are in deep with US sub-prime problems and that Moodys are about to remove their triple A rating. I'm no expert, but financial commentators have suggested that they may be using UK savers to "plug a funding gap" - Hence the very high interest rate on offer.

I think your first £35K will be guaranteed, but if your lucky enough to have more savings than that, I wouldn't put it here....

I've opened an account but waiting to deposit the cash as they need a bank statement from my linked account. I'm a bit worried now. Anyone else heard anything?

getthemax

suelees1 wrote: »

I've opened an account but waiting to deposit the cash as they need a bank statement from my linked account. I'm a bit worried now. Anyone else heard anything?

Have a read of this thread. I suggest you have a look at the link I provide near the bottom of that thread. I think they're as safe as anyone, but that's just my opinion.

http://forums.moneysavingexpert.com/showthread.html?t=758385

CannyJock

suelees1 wrote: »

I've opened an account but waiting to deposit the cash as they need a bank statement from my linked account. I'm a bit worried now. Anyone else heard anything?

Paper statement seems to have been removed - separate thread on it.

suelees1

thanks getthemax. I usually do my research so I'll continue to keep on top of things and not let the media allow knee jerk reactions.