Regular Savings Accounts: The Best Currently Available List!

le_loup

jdw2000 wrote: »

Yes please do. Before 10pm, please.
Thanks!

Can't, that's past my bedtime!

Dave41225

I have £40,000 to invest, I an currently retired and have a pension and savings to cover me for at least 5years, I am looking for low risk, high return investments (no surprise there then!). I have looked at Blackmore offering 9.9% over 5years..but look a bit dodgy, I've also looked at MJS Direct-Property-Investment offering 10%over 1 year. I do not want to lose my initial investment..is there anyone offering anything that is safe and at least above inflation?

Eco_Miser

jdw2000 wrote: »

Essentially, I want to keep up to £10K in cash in case my VLS takes a nosedive... just wondering where best to put it. I am thinking £6K in 2 Tesco accounts at 3%, £2.5K in Nationwide at 5%, and the grand or two in my Santander 123 account.

I'd be feeding £500 a month into the Nationwide Flexclusive RS for 5%, initially to empty the Santander account (are you getting enough cashback to cover the charges?), then the Tesco accounts. After a year, see what's available then.

adindas

Dave41225 wrote: »

I have £40,000 to invest, I an currently retired and have a pension and savings to cover me for at least 5years, I am looking for low risk, high return investments (no surprise there then!). I have looked at Blackmore offering 9.9% over 5years..but look a bit dodgy, I've also looked at MJS Direct-Property-Investment offering 10%over 1 year. I do not want to lose my initial investment..is there anyone offering anything that is safe and at least above inflation?

If you do not want to loose your capital then expect to get 9.9% - 10% then you might have unreasonable expectation. Good luck then finding such product in the UK.

If you do not want capital at risk products then you will need to lower your expectation.

kidmugsy

Dave41225 wrote: »

is there anyone offering anything that is safe and at least above inflation?

Probably not, except high interest current accounts and regular savers.

Though come to think of it, if you are on the old-style State Retirement Pension you could look at Pension Deferral and at Pension Top-up.

ctdctd

Thanks to Badger09 for posting this in the other RS thread........

Virgin Money - Matchday E Saver £250 pm 2.25%, maturity 20th March 2018

Sorry - forgot a link!
http://uk.virginmoney.com/savings/find/matchday_e_saver_issue_1/overview/

JamesRobinson48

If I understand the Virgin Money website correctly, this bank now has four different RS issues on sale simultaneously, each for up to £250 pm and paying 2.25% p.a.: Matchday E-Saver Online Issue 1, Matchday Saver Store Issue 1, Regular E-Saver Online Issue 3, and Regular Saver Store Issue 2.

I wonder why. Personally I'm approaching saturation point with this name: not sure if I'll go for the new 'Matchday' RS accounts.

veryintrigued

ctdctd wrote: »

Thanks to Badger09 for posting this in the other RS thread........

Virgin Money - Matchday E Saver £250 pm 2.25%, maturity 20th March 2018

Have you a link please?

The normal search engines arent being kind to me!

veryintrigued

veryintrigued wrote: »

Have you a link please

The normal search engines arent being kind to me!

Got it


http://uk.virginmoney.com/savings/find/matchday_e_saver_issue_1/overview/

badger09

ctdctd wrote: »

Thanks to Badger09 for posting this in the other RS thread........

Virgin Money - Matchday E Saver £250 pm 2.25%, maturity 20th March 2018

Sorry - forgot a link!
http://uk.virginmoney.com/savings/find/matchday_e_saver_issue_1/overview/

Thanks ctdctd

I'd forgotten to post on this thread