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Regular Saver strategy - maximising returns and reinvestment

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Comments

  • Hm. I wonder if my interpretation of the levels of PSA was to do with whether you have to submit a tax return or not?

    But - good point on the fact it's all reported to HMRC anyway. I'm going to work on the basis that if I generate £2k in interest, and if I pay £5000 extra into my pension in a lump at the end of the tax year, the tax payable is effectively cancelled out. Or even I might get some tax back? I'm a BR tax payer.

  • friolento said:
    friolento said:
    3 x £500 debit card transactions is the difficult bit
    To the best of my knowledge, there is no Regular Saver which requires debit card transactions. 
    It's not a Regular saver, it's the Halifax Rewards account mentioned by @WillPS

    As I said, in any case, it’s easy enough to deposit by debit card into certain accounts in your own name. Not difficult.
    I normally go though Skipton or Yorkshire. 
    Any other suggestions?
  • surreysaver
    surreysaver Posts: 4,901 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    friolento said:
    friolento said:
    3 x £500 debit card transactions is the difficult bit
    To the best of my knowledge, there is no Regular Saver which requires debit card transactions. 
    It's not a Regular saver, it's the Halifax Rewards account mentioned by @WillPS

    As I said, in any case, it’s easy enough to deposit by debit card into certain accounts in your own name. Not difficult.
    I normally go though Skipton or Yorkshire. 
    Any other suggestions?
    Cambridge 
    I consider myself to be a male feminist. Is that allowed?
  • friolento
    friolento Posts: 2,532 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    friolento said:
    friolento said:
    3 x £500 debit card transactions is the difficult bit
    To the best of my knowledge, there is no Regular Saver which requires debit card transactions. 
    It's not a Regular saver, it's the Halifax Rewards account mentioned by @WillPS

    As I said, in any case, it’s easy enough to deposit by debit card into certain accounts in your own name. Not difficult.
    I normally go though Skipton or Yorkshire. 
    Any other suggestions?
    Check the link I posted
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