The Top Fixed Interest Savings Discussion Area

Silverbullet036

If nothing better by Monday then I will open one as well for Octobers offering to the saving gods

Bacman

Hampshire Trust Bank, 2 year, 4.32%

Are they good? Looked on their accounts and seem ok.

billy2shots

It may have been touched on before, but is it possible to stay within the savings allowance if interest is paid monthly. 

£50,000 to save @ 4% = £2,000 annual interest (£1,000 to be taxed) 

Or

Oct 22 - March 23 = 6 months = £1,000 interest (no other interest this year) No tax

April 23 - Sept 23 = 6 months = £1,000 interest. No further interest. No tax


Does this make sense and is it applied in that way?

If so, 4% looks to be my 1 year sweet spot as I originally thought. 

Thumbs_Up

25_Years_On said:

Thumbs_Up said:

Pompeydave1967 said:

Still waiting for the 1st 1 year 4% fixed , getting close now with oxbury @ 3.91.

I’m sure you know by now, Newcastle BS 4.10%

I'm sure he does considering he was first to post this rate.

25 years on?  Last time the Labour party was in power was 22 years ago.

Daliah

Thumbs_Up said:

25_Years_On said:

Thumbs_Up said:

Pompeydave1967 said:

Still waiting for the 1st 1 year 4% fixed , getting close now with oxbury @ 3.91.

I’m sure you know by now, Newcastle BS 4.10%

I'm sure he does considering he was first to post this rate.

25 years on?  Last time the Labour party was in power was 22 years ago.

Did you mean 12 years? 2010 wasn't 22 years ago

Thumbs_Up

Daliah said:

Thumbs_Up said:

25_Years_On said:

Thumbs_Up said:

Pompeydave1967 said:

Still waiting for the 1st 1 year 4% fixed , getting close now with oxbury @ 3.91.

I’m sure you know by now, Newcastle BS 4.10%

I'm sure he does considering he was first to post this rate.

25 years on?  Last time the Labour party was in power was 22 years ago.

Did you mean 12 years? 2010 wasn't 22 years ago

What I should have wrote 10 years last time in power and only 12 Labour administrations which equals 22

kaMelo

Erm, back on topic.
I guess it was popular as the account didn't even last 24 hours.
Newcastle BS have  pulled the 1 year fix @4.1%.

bristolleedsfan

kaMelo said:

Erm, back on topic.
I guess it was popular as the account didn't even last 24 hours.
Newcastle BS have  pulled the 1 year fix @4.1%.

https://www.newcastle.co.uk/savings/fixed-rate-bonds/newcastle-one-year-fixed-rate-bond-issue-61#apply-now  Seems ok now

https://online.newcastle.co.uk/applyonline/ApplicationForm.aspx?Page=3

Thumbs_Up

Duplicitous scare tactic....  

MigsyBigsy

jimexbox said:

Pompeydave1967 said:

Did I speak too soon Newcastle BS 1 year fixed @ 4.1% - who’s next ?

Very tempting, although I think I'll hang on for 5%. 

Do you think there will be?