Premium bonds

Thecar
Forumite Posts: 30
Forumite

Have 50k wife 49k
Winnings this year £600
£50 only Jul
Withdrawal after dec draw
Not good value for money most ever prize £100
What woukd that money return in savings be nice too no
Winnings this year £600
£50 only Jul
Withdrawal after dec draw
Not good value for money most ever prize £100
What woukd that money return in savings be nice too no
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Comments
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There are various websites which keep track of the highest available interest rates on savings accounts, for example this one: https://www.money.co.uk/savings-accounts
If you wish to tie up some of your money for a fixed term rather than in an easy access account the interest rates will be higher.0 -
Thecar said:Have 50k wife 49k
Winnings this year £600
£50 only Jul
Withdrawal after dec draw
Not good value for money most ever prize £100
What woukd that money return in savings be nice too no
One year ago the best savings accounts were offering about 3%, so you would have earned £3000 in the last year.
These days 5% accounts are common, so you would earn £5000. Your £600 is the same as a savings rate of 0.6%• The rich buy assets.
• The poor only have expenses.
• The middle class buy liabilities they think are assets.
Robert T. Kiyosaki0 -
Thecar said:Have 50k wife 49k
Winnings this year £600
£50 only Jul
Withdrawal after dec draw
Not good value for money most ever prize £100
What woukd that money return in savings be nice too no
First one has nearly 900 pages so you might want to skip the first 800 !
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