The Top Easy Access Savings Discussion Area

Steve_xx

ejv wrote: »

Thats what I thought

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the bonus of 1.42% will be applied to the amount present in the account on anniversary???? Am I wrong?

I think Badger09 is right. I think that the bonus will still be applied.

ejv

badger09 wrote: »

ejv is it possible you misunderstood what WestBbrom told you

Although this is not the T&C you would have had when you opened this account, it clearly says the 1.42% bonus is unconditional

http://www.westbrom.co.uk/westbrom/search

Depending on exactly was said, they might have meant that (obviously:p) you wouldn't get the full 1.42% bonus until the 12 month anniversary if you close the account early, you'd only get the bonus for however many months the account was open.

Thanx badger &Steve.:)
I must have misunderstood or just swallowed what WestBrom said, as I thought that was the norm:o
Is this same for all those savings account with bonus eg: Santander/Coventry?
Though poor at maths,:D I knew the difference would be few pounds only,but wanted the best option as Coventry has a cut off date.

Steve_xx

ejv wrote: »

Thanx badger &Steve.:)
I must have misunderstood or just swallowed what WestBrom said, as I thought that was the norm:o
Is this same for all those savings account with bonus eg: Santander/Coventry?
Though poor at maths,:D I knew the difference would be few pounds only,but wanted the best option as Coventry has a cut off date.

You have to look at the terms for each one really as they can vary.

badger09

Steve_xx wrote: »

You have to look at the terms for each one really as they can vary.

Indeed. And keep a copy or make a note of the precise T&C when you open the account

needhelp.com

I'm a newbie to this and i'm looking for a high interest saving account with instant access. Wanting to deposit a lump sum and then make monthly instalments. Dont know where to start.

Any advice greatly appreciated!

innovate

needhelp.com wrote: »

I'm a newbie to this and i'm looking for a high interest saving account with instant access. Wanting to deposit a lump sum and then make monthly instalments. Dont know where to start.

Any advice greatly appreciated!

You could do worse than reading through "Savings" and "ISAs & Pensions" articles on the main site to start with: http://www.moneysavingexpert.com/banking/

Without more knowledge about your particular circumstances, it's difficult to give any more tips. E.g. what tax rate do you pay, what mortgage rare do you pay and how much is outstanding, how much if any debt do you have, how much is in your "rainy day" savings, how soon will you need your savings etc etc etc etc

2010

needhelp.com wrote: »

I'm a newbie to this and i'm looking for a high interest saving account with instant access. Wanting to deposit a lump sum and then make monthly instalments. Dont know where to start.

Any advice greatly appreciated!

http://moneyfacts.co.uk/compare/savings/variable-rate/instant-access/

Take your pick.

first78

My partner currently has £5000 in an ISA with Britannia building society. She's had the same ISA for years and it's earning virtually nothing. We now want to transfer it to the best possible account and I wanted to ask what people would suggest as I'm fairly new to ISA's having only set up my own last year.

Ideally we want an account that we could pay into as and when we had spare cash. We don't need to have instant access so would be happy with any long term scheme.

Any suggestions or advice would be very welcome.

Mr._H_2

first78 wrote: »

My partner currently has £5000 in an ISA with Britannia building society. She's had the same ISA for years and it's earning virtually nothing. We now want to transfer it to the best possible account and I wanted to ask what people would suggest as I'm fairly new to ISA's having only set up my own last year.

Ideally we want an account that we could pay into as and when we had spare cash. We don't need to have instant access so would be happy with any long term scheme.

Any suggestions or advice would be very welcome.

Hi first78,

This thread is for instant-access savings. There is a dedicated forum section for ISAs here. Ask there and you are likely to get more help.

One thing you need to make sure of when selecting an ISA is that it accepts transfers in; not all do. When you want to transfer, you ask your new provider for a transfer form. You enter your details of your old account, give that back to the new provider, and they arrange the transfer.

Jo4

What savings account is best for saving for things weekly like Christmas, birthdays & anniversaries, car insurance, home insurance, tv license, car tax, car repairs etc? The person who this is for has so's set up on their current account which goes out weekly but they are saving with ING and I think they said they are getting 0.5% AER but I'll check the rate with them again.

At the moment they have a few accounts with ING and each is individually named for the things I previously mentioned however they would like this facility in their new account but is this possible?