We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Ditching Premium Bonds for a while
2nd Month with zero on 50k so having a break I want monthly interest so was going to stick it in NS&I Guaranteed Income Bonds.
Anything else out there better for monthly income ?
Comments
-
What tax rate do you pay (or would you pay, if you didn't have them in Premium Bonds) on your savings? And how long do you want to fix the term for?
In general, look at
Best savings accounts: 5.01% easy access or 4.9% fixed rate
or
The Highest UK Savings Rates | Updated Every Hour
This gives you the answers without having to tell us all your details.
2 -
we're transferring ours into a house purchase
0 -
Happy to do a couple of years and don’t pay any tax prefer fixed rate. Thanks for the info !
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.9K Mortgages, Homes & Bills
- 179K Life & Family
- 263.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards