The Top Easy Access Savings Discussion Area

justin_sidebottom

Doshwaster,

I spoke to Egg yesterday on this topic. The man told me I could open a second Egg account which would pay 3.35%, but I couldn't just transfer money from my existing old (1.25%) account. However, he said I could open the new account with a £1 deposit from a non-Egg account, and then transfer savings from the old to the new one. I did this today with no problems, and I have named the new one My 2009 Account to remind me to do the same next year.

Cashmeister

I went into my local Natwest branch to enquire about this on Monday 9/3/2009. As I sat with the adviser, she said that she had just received an email informing her that this account was to be closed to new business on Tuesday - the next day! :mad:

DIZZYBLONDE_3

Hi I Need Some Advice - I Have £100,000 In Savings That Are Not Earning Hardly Anything I Do Not Want My Money Tied Up For Any Period Of Time As I Am Exploring Buying A Holiday Home In France But As Yet Am Undecided. Any Help On Best Savings Accounts Please Will Be Welcome. Am New To This Site.

Thanks Dizzyblonde

hansi

dizzyblonde, please don't capitalise every word. Makes it very hard to read:beer:

DIZZYBLONDE_3

Hi Am New To This Site I Have £100,000 To Invest And Need Advice On What Savings Account To Use Currently Have £50,000 In Two Different Accounts Hsbc On Line Saver And Cahoot Savings Need To Earn Best Interest And Get Quite Confused With All The Different Accounts Out There Do Not Want To Tie Up For Any Length Of Time Any Advice Please. Many Thanks

hansi

You're doing it again:eek:

Jonny_is_king

I can imagine the main article on this page has to change every 5 minutes!

Great info though - can't believe it has taken me so long to hear about this site.

Natti_A

DIZZYBLONDE wrote: »

I Have £100,000 To Invest And Need Advice On What Savings Account To Use ..... Do Not Want To Tie Up For Any Length Of Time Any Advice Please. Many Thanks

Have a look at these if you need instant access to your savings, although i would recommend trying to use your ISA allowance (£3600 per year in a Cash ISA, £3600 in a S&S ISA) for the tax free benefits that it can give you longer term if you end up not needing the money. You can withdraw from a Cash ISA easily as long as you dont fix the rate.

http://www.moneysavingexpert.com/savings/savings-accounts-best-interest

http://www.moneysavingexpert.com/savings/best-cash-isa

Tibbledom

According to emoneyfacts at

https://www.emoneyfacts.co.uk/news/savings-news.aspx?newsarticleid=183613

Ulster Bank are dropping their esavings plus rate from from 3.94% to 3.46% w.e.f. from 16/3/09. No mention on Ulster Bank website though.

Lewis_Gerolemou

aarangio wrote: »

Hi ya Lewis_Gerolemou,

Just wondering The 3.5% is that definitely for 12 months as I just got it but it was only for 6 months they offered me as I came from Kaupthing Edge as a special offer?

For anyone interested ICICI savings rate looks like it's dropping to 2.45% on Monday the 9th..
http://www.moneyfacts.co.uk/money/savings/3/internet-savings-accounts.aspx

Adrian

The bonus of 1.96% is fixed for one year but the headline rate of 3.5% is variable. Accounts opened before March 13th got a £20 bonus credited to the account. I was asked to quote ING380 when applying.