The Top Easy Access Savings Discussion Area

deefadog

Thanks, i already have a credit card account with them, can't remember if i closed it or not, was a few years back when they were one of the best. Will have to check when i get back home. Should be easy as an existing member to get this opened, hassle free hopefully. The money i have will have to come out around next march, so it's a good as place as any!

ought

I have just posted on another Thread about Egg. I have one of their fixed rate 6.3% accounts but having read a little it seems Egg's parent Citigroup is not that safe, and as Egg pay interest yearly perhaps they are not a great option.

What else is there with a decent fixed rate and instant access, AND security!?

KittaKatta

Hi,
I have an account with KE and within it I have opened a couple fixed accounts at a higher interest rate; so I am not keen on taking all money out...
I have read that ING has taken over KE, and consequentially if anything was to happen to ING, I'd have to claim the first 100,000 Euros through the Dutch government, which is something that worries me a bit.
Also: are the KE interest rates still guaranteed within ING (e.g. will my fixed rate accounts still pay out at the end of term?)? Considering KE was under the UK protection when I signed up, won't the protection still apply (I doubt this myself, but who knows...)?
Thanks!

Baldur

KittaKatta wrote: »

Hi,
I have an account with KE and within it I have opened a couple fixed accounts at a higher interest rate; so I am not keen on taking all money out...
I have read that ING has taken over KE, and consequentially if anything was to happen to ING, I'd have to claim the first 100,000 Euros through the Dutch government, which is something that worries me a bit.
Also: are the KE interest rates still guaranteed within ING (e.g. will my fixed rate accounts still pay out at the end of term?)? Considering KE was under the UK protection when I signed up, won't the protection still apply (I doubt this myself, but who knows...)?

Suggest that you read some of the many Kaupthing/ING threads that are already running, e.g. http://forums.moneysavingexpert.com/showthread.html?p=14892283

KittaKatta

Baldur wrote: »

Suggest that you read some of the many Kaupthing/ING threads that are already running, e.g. http://forums.moneysavingexpert.com/showthread.html?p=14892283

Sorry, I am still a newby with this and cannot yet find my way around. Thanks a lot for your help - I have now found some very interesting information :T

del1001

Mr._H wrote: »

Looks like there aren't any accounts anymore that have good long-term rates. That being the case I've resigned myself to chasing decent rates

Unfortunately I think this is the shape of things to come, chasing rates, I've gone for the Birmingham Midshires esaver, I'll just have to keep an eye on the rate of interest, looks ok at present..

pirlo_21

Hi my current bond with Nationwide has finished and i was thinking of putting it into the Halifax saving account , looking at puting about 40k, is the halifax one the best one to go for??

http://www.halifax.co.uk/savings/fixedwebsaver.asp

JimmyTheWig

pirlo_21 wrote: »

Hi my current bond with Nationwide has finished and i was thinking of putting it into the Halifax saving account , looking at puting about 40k, is the halifax one the best one to go for??

http://www.halifax.co.uk/savings/fixedwebsaver.asp

7% AER for a 6 month bond looks pretty good to me.

Note that, especially in these times, you shouldn't keep more than £50k in one institution. Halifax are part of a large institution. I suggest that you ensure you don't have more than £10k already combined in any of the following...
AA, Bank of Scotland, Birmingham Midshires, Halifax, Intelligent Finance and Saga.

vicky06

Hi all,

Have been reading posts on this site for a long time (reading one thread put me off saving in ICESAVE for which i'm eternally grateful at the moment) but I haven't posted/signed up until today.

We have £215K from a house sale. We need access to it in 6 months time to pay for a build. We want the safest place (joint account pref) to put our money with obviously the highest rate of saving..

I have £100K in joint names with Lloyds TSB at the moment as I bank with them. In a 6 month fixed deposit at 5.5%. So I need to find a safe home for the other £115. Obviously understand we are only covered £50K each so guess the 15 will have to go in yet another account.

Any help would be great - don't know about Tesco saving, or AA or should I stick with a main bank in these worrying times?

Thanks so much.
Vicky

Mr._H_2

vicky06 wrote: »

Tesco saving, or AA or should I stick with a main bank in these worrying times?

Tesco is actually RBS. Don't know about the AA.

Since you're going to have to split the money, why not have one account in your name and the other account in your OH's name? That'll widen your choice of accounts as many savings accounts don't offer a joint-name option.