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Road Fund Licence

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  • jimjames
    jimjames Posts: 19,143 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 18 April 2024 at 9:01PM
    la531983 said:
    Where are you finding these 7% savings accounts that let you deposit a few hundred quid and then withdraw it in 12 stages in a year?
    Arunmor said:
    Please name these 7% accounts I have to invest money for my daughter.

     I have one with Nationwide, YBS and various other banks paying between 5.5% and 8%. Most allow you to put in from £200-£500 per month.

    You might be better off with JISA for a child but check the savings forum
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Krakkkers
    Krakkkers Posts: 1,330 Forumite
    1,000 Posts Third Anniversary Name Dropper
    I have a Santander account paying 7% and a Nationwide paying 8%
  • 35har1old
    35har1old Posts: 2,175 Forumite
    1,000 Posts Third Anniversary Name Dropper
    la531983 said:
    Car_54 said:
    Even at this fanciful 7%, my trusty spreadsheet says you'd only save £2.17 of a £180 VED over a year.
    Now add in the monthly fee for the current account you need to have along with this.
    Don't need to pay the fee
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