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stoozie1 wrote: »
Westie983 that's the strategy I've just started to adopt (I'd previously had all my RS maturing at end of financial year, ready to stuff pensions and ISAs, but realised this wasn't best).
Can I ask what the thinking is behind the months which payout 2 matured RS?
Westie983 wrote: »
Its getting quite scary -
Hydro1 wrote: »
I have been funding a few Virgin RS each month. Virgin say that an account fully funded with 14 monthly payments of £250 will earn £49.22 interest. If my sums are correct, I would be marginally better off abandoning the RS and leaving my money in a Tesco Internet Saver paying 1.35% or a Post Office Saver paying 1.30%. Am I missing something, like a decent calculator ?
EachPenny wrote: »
Scary that you have nothing maturing in November... what are you going to do for money that month?
Mine are more 'lumpy'. I have up to four maturing in some months, others there's nothing, but when I opened them it was a case of opening them asap to start earning, rather than having a more even spread.
At the current rate hopefully I'll have drawn down several interest paying current accounts before the Tesco DD issue kicks in.
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