The Top Easy Access Savings Discussion Area

murphydavid

I-LOV-MONEY said:

murphydavid said:

That's 2% on £1000 = £1.66 a month Max. So if you spend more than 9 minutes on setting it up at the UK average hourly working rate you already lost the first months interest.

Well I'm retired so I don't have a "working rate" !   What do you suggest otherwise?

Just trying to indicate that % numbers can be misleading and show other implications to opening current accounts. £20 a year and a chance the rate will drop before years end? If you look at MSE current account article you may find a current account from which you can get more than that. I think I get more than £20 a year from Santander 123 lite (returns on dd payments for my gas electric and rates less a £1 fee) . Nationwide pay 2% on £1500 = £30 a year. etc. Anyway sorry for posting current account info in the savings thread. 

polymaff

Return Achieved versus Time Expended has always been a rather stale issue on MSE.  Never more so than now.

Just shop more carefully if you want to be richer per hour expended - but pay out a bit of slack to the square pegs (me included) who see all this as a more worthwhile use of their time than the national pastime of lolling in front of the Gogglebox....

DoG1954

My Marcus saving a/c is only 1.05% now, with no bonus. Is it time to start thinking about buying gold?

2010

DoG1954 said:

My Marcus saving a/c is only 1.05% now, with no bonus. Is it time to start thinking about buying gold?

https://www.bullionbypost.co.uk/gold-price/gold-price-today/

ColdIron

DoG1954 said:

My Marcus saving a/c is only 1.05% now, with no bonus. Is it time to start thinking about buying gold?

What is the interest rate for gold?

grumiofoundation

DoG1954 said:

My Marcus saving a/c is only 1.05% now, with no bonus. Is it time to start thinking about buying gold?

Is gold easy access?

lhsecons

ColdIron said:

DoG1954 said:

My Marcus saving a/c is only 1.05% now, with no bonus. Is it time to start thinking about buying gold?

What is the interest rate for gold?

Price change this week -2.96%. Negative interest rates??

Soniboy12

I just wanted to tell everyone about my experience with Metro Bank as I signed up for a fixed rate account but have spent weeks trying to sort out just getting registered so I have given up and decided not to open an account with them, very disappointed as I only went with them as they were recommended through Money Saving Expert.

eskbanker

Soniboy12 said:

I just wanted to tell everyone about my experience with Metro Bank as I signed up for a fixed rate account but have spent weeks trying to sort out just getting registered so I have given up and decided not to open an account with them, very disappointed as I only went with them as they were recommended through Money Saving Expert.

That's off-topic for a thread specifically about easy-access accounts rather than fixed-term ones, but MSE doesn't recommend institutions as such, it simply lists those with the best interest rates....

murphydavid

eskbanker said:

Soniboy12 said:

I just wanted to tell everyone about my experience with Metro Bank as I signed up for a fixed rate account but have spent weeks trying to sort out just getting registered so I have given up and decided not to open an account with them, very disappointed as I only went with them as they were recommended through Money Saving Expert.

That's off-topic for a thread specifically about easy-access accounts rather than fixed-term ones, but MSE doesn't recommend institutions as such, it simply lists those with the best interest rates....

If you go to MSE https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

Which is entitled top savings accounts and includes fixed rate accounts and near the end of the article click on “Join the MSE Forum Discussion” it brings you here. Which indicates this discussion should be called “top savings accounts" and include fixed-term ones.

If not then I'm missing out. If you know of another thread for fixed rate and other savings accounts please tell me where it is.?