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.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Which Savings Account
Davey_2
Posts: 55 Forumite
Hi all
Im looking for a savings account from which to make overpayments to my mortgage from. The minimum overpayment i can make is £2000, so basically as soon as i hit the £2000 target i'll contact my mortgage provider and get them to take the money. I cant guarantee that I can save the same amount every month ( some months i may not be able to save any at all ) so a regular saver account is out of the question. I've looked at the kaupthing edge but i need to have at least £1000 saved in there to get the top interest rate.
What would you guys recommend?? Would the firstsave at 6.26% be a good one for my situation.
Im looking for a savings account from which to make overpayments to my mortgage from. The minimum overpayment i can make is £2000, so basically as soon as i hit the £2000 target i'll contact my mortgage provider and get them to take the money. I cant guarantee that I can save the same amount every month ( some months i may not be able to save any at all ) so a regular saver account is out of the question. I've looked at the kaupthing edge but i need to have at least £1000 saved in there to get the top interest rate.
What would you guys recommend?? Would the firstsave at 6.26% be a good one for my situation.
0
Comments
-
Birmingham Midshires have an online account @ 6.50% AER, minimum deposit £1.
http://www.askbm.co.uk/savings/i/easy/product.asp?id=1510
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards