The Top Easy Access Savings Discussion Area

soulsaver

the_root_of_all_evil said:

how do i unfollow this thread?

You could just put the childish posters on your ignore list …? 

Primrose

soulsaver said:

the_root_of_all_evil said:

how do i unfollow this thread?

You could just put the childish posters on your ignore list …? 

That was a rather sarcastic comment.  Please try and remember that not everybody on this forum will be as computer literate as you, and since there has never been a tutorial on the technicalities of using the new format, it 's not surprising that some people will struggle trying to do certain things. 

Ghostcrawler

Primrose said:

soulsaver said:

the_root_of_all_evil said:

how do i unfollow this thread?

You could just put the childish posters on your ignore list …? 

That was a rather sarcastic comment.  Please try and remember that not everybody on this forum will be as computer literate as you, and since there has never been a tutorial on the technicalities of using the new format, it 's not surprising that some people will struggle trying to do certain things. 

you are right, even I did not know at first and had to figure out.  Someone will try and figure out themselves and someone will just ask..doesn't matter - its a helpful community as always!!!

soulsaver

Primrose said:

soulsaver said:

the_root_of_all_evil said:

how do i unfollow this thread?

You could just put the childish posters on your ignore list …? 

That was a rather sarcastic comment.  Please try and remember that not everybody on this forum will be as computer literate as you, and since there has never been a tutorial on the technicalities of using the new format, it 's not surprising that some people will struggle trying to do certain things. 

I posted assuming s/he was fed up seeing seeing the previous childish tit for tat posts relating to on or off topic etc. It wasn't sarcastic. 
You should clarify before jumping to conclusions and positioning yourself as the forum police. 

gwapenut

soulsaver said:

I posted assuming s/he was fed up seeing seeing the previous childish tit for tat posts relating to on or off topic etc. It wasn't sarcastic. 
You should clarify before jumping to conclusions and positioning yourself as the forum police. 

Agreed, this was my interpretation of your post. That you were sincerely trying to offer an alternative to bailing on the thread completely.

polymaff

So, 6 frivolous OT posts, one prediction and 7 disgruntled OT posts.

As predicted ,,,

bogleboogle

Hi all,
What are the differences between the NS&I Direct Saver and the Income Bond account? Specifically, I don't really understand how the latter works. It has a yield of 1.16% which is higher than the Direct Saver's interest rate, but is the capital at risk? If not, what are the advantages of the Direct Saver over the Income Bond account? 
Thanks  

Steve_xx

bogleboogle said:

Hi all,
What are the differences between the NS&I Direct Saver and the Income Bond account? Specifically, I don't really understand how the latter works. It has a yield of 1.16% which is higher than the Direct Saver's interest rate, but is the capital at risk? If not, what are the advantages of the Direct Saver over the Income Bond account? 
Thanks  

The difference in the main is that the Income Bond requires deposits or withdrawals of £500 or more. The interest on Income bonds is paid monthly out of the account, whereas the Direct Saver interest compounds. There is no risk. Both products have unlimited protection, well, upto 2 million pounds.

I-LOV-MONEY

I know the minimum withdrawal is £500, but does that apply to deposits as well?

bogleboogle

Steve_xx said:

bogleboogle said:

Hi all,
What are the differences between the NS&I Direct Saver and the Income Bond account? Specifically, I don't really understand how the latter works. It has a yield of 1.16% which is higher than the Direct Saver's interest rate, but is the capital at risk? If not, what are the advantages of the Direct Saver over the Income Bond account? 
Thanks  

The difference in the main is that the Income Bond requires deposits or withdrawals of £500 or more. The interest on Income bonds is paid monthly out of the account, whereas the Direct Saver interest compounds. There is no risk. Both products have unlimited protection, well, upto 2 million pounds.

Thank you. Is the yield variable in the same way that the interest on the Direct Saver is, or does it potentially fluctuate more frequently/extremely due to market conditions? If the yield falls below a certain amount (e.g. <0%), will they give notice so you can withdraw the full amount of money deposited? 
Also, I assume the monthly payment would be 1.16% (yield) / 12? So for an initial deposit of £5000, you'd get a monthly yield payment of £4.83 (thus totalling £58 over 12 months)? 
Whereas for the Direct Saver, a £5000 initial deposit would receive an annual interest of £50?