BoS Vantage account Interest? 19 February at 4:27PM in Budgeting & Bank Accounts 35 replies 1.5K views

JohnSwift10

If I never let my BoS Vantage account  balance go below £5000 how much interest will I receive in a year?

veryintrigued

0.78 * £5k / 100 ish

David28

According to my excel spreadsheet £38.90 but considering the rounding errors it produces £37.50 is probably nearer.

st999

Last time I had £5000 in my vantage account I got £3.41 for 31 days so 11p a day or £40.50 a year.

soulsaver

0.78% is pretty good for an easy access ac these days...? 

I'll likely be filling a few of these when a couple of my fixes mature next month.

chamelion

Look up nexo... 

Zanderman

chamelion said:

Look up nexo... 

Why?  That's a Lithuanian (or possibly Bulgarian) crypto vendor that risks your capital.  
The relevance to the OP's question is, er, questionable.

trickydicky14

soulsaver said:

0.78% is pretty good for an easy access ac these days...? 

I'll likely be filling a few of these when a couple of my fixes mature next month.

Yes it is pretty good these days, I know the rate could change but worth having I thinks.
That's why I have 3 BOS and 1 Lloyds which has the same interest rate.
That gives you a possible 20k at 0,78% if you have the cash to do it.
I feel with the state of R.S accounts just now and some of them variable its worth the effort.

Katiehound

The only 'problem' if you want to call it this is that you need 2 x DDs for each account to qualify.  Better is Halifax Reward where the DDs no longer required (and you get a tad more cash)

soulsaver

Katiehound said:

The only 'problem' if you want to call it this is that you need 2 x DDs for each account to qualify.  Better is Halifax Reward where the DDs no longer required (and you get a tad more cash)

Yep - I'd get them, too - if they'd let me have any more than I have already...  

trickydicky14

Katiehound said:

The only 'problem' if you want to call it this is that you need 2 x DDs for each account to qualify.  Better is Halifax Reward where the DDs no longer required (and you get a tad more cash)

soulsaver said:

Katiehound said:

The only 'problem' if you want to call it this is that you need 2 x DDs for each account to qualify.  Better is Halifax Reward where the DDs no longer required (and you get a tad more cash)

Yep - I'd get them, too - if they'd let me have any more than I have already...  

Yes I also have 3 Halifax and 2 Virgin CA's all bringing in a few pounds.
It's just knowing when not to push any more!