3% ish Easy Access... At Vanguard! 25 January at 5:56PM in Savings & investments 62 replies 8.7K views

ChilliBob

See here: https://monevator.com/vanguard-cash-interest/

Perhaps not for everyone, but interesting never the less, especially for Vanguard account holders anyway  

masonic

Might be interesting for anyone thinking about what to do in the next tax year, as this could be a good option as a cash ISA alternative depending on where rates end up.

ChilliBob

Even factoring in the 0.15% fee its a good deal. I'm not sure it tempts me enough to open an account and have the admin hassle to add on to the existing trading accounts and savings accounts I have.

Perhaps though!.. It does look like Vanguard carry through the rates from BOE quite quickly 

AmityNeon

I did wonder what caused those pennies to start arriving last September. The same thing happened with my Hargreaves Lansdown account as well, but I couldn't easily find information on cash interest rates.

ColdIron

AmityNeon said:

I did wonder what caused those pennies to start arriving last September. The same thing happened with my Hargreaves Lansdown account as well, but I couldn't easily find information on cash interest rates.

https://www.hl.co.uk/charges-and-interest-rates

AmityNeon

ColdIron said:

AmityNeon said:

I did wonder what caused those pennies to start arriving last September. The same thing happened with my Hargreaves Lansdown account as well, but I couldn't easily find information on cash interest rates.

https://www.hl.co.uk/charges-and-interest-rates

Ah I see now 🤦‍♂️
Of course, I should have just googled the keywords directly instead of attempting to find a way to navigate to that URL from within hl.co.uk.

ChilliBob

AmityNeon said:

ColdIron said:

AmityNeon said:

I did wonder what caused those pennies to start arriving last September. The same thing happened with my Hargreaves Lansdown account as well, but I couldn't easily find information on cash interest rates.

https://www.hl.co.uk/charges-and-interest-rates

Ah I see now 🤦‍♂️
Of course, I should have just googled the keywords directly instead of attempting to find a way to navigate to that URL from within hl.co.uk.

It's amazing how bad some websites UI and UX is that you need to Google to find what you want isn't it? 

GazzaBloom

Aviva have confirmed to me that they are paying BOE base rate less AMC of 0.16% on cash held in my workplace pension as well. Not that I currently hold any cash, it's all invested, but good to know.

Bobziz

Poor show at fidelity, they're only paying 1.45%.

Patrington

As the article states 'hiding in plain sight'...

gee9fam

I appreciate the lack of risk (excluding inflation) with cash sat in an ISA/SIPP account earning a small amount of interest but what's the positives and negatives using a short term money market account instead such as the Royal London Short term Money Market account for platforms not offering a decent rate?