Savings Account - B...
 

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[Closed] Savings Account - Best interest rate available?

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Posts: 0
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Topic starter
 

they all seem pretty poor at the moment!


 
Posted : 18/05/2010 11:03 am
 cxi
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What sort of savings account?

ISA? Instant Access? Fixed bond (over several years)?

MoneySavingExpert can help finding top choices.


 
Posted : 18/05/2010 11:27 am
Posts: 27
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And long may they stay that way for the sake of my mortgage!


 
Posted : 18/05/2010 11:32 am
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Topic starter
 

12k - Instant Access


 
Posted : 18/05/2010 11:36 am
Posts: 3544
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Open up a Halifax Reward current account. Pay in £1000 a month then pay it straight out again into your proper account - it'll earn a fiver a month doing that.

If you've got a bit of cash do the above and open up a Santander account that is giving 5% on balances up to £2500 and just bounce £1000 between them each month.


 
Posted : 18/05/2010 11:57 am
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5%, thats less than inflation.
http://www.timesonline.co.uk/tol/money/savings/article7129687.ece


 
Posted : 18/05/2010 1:41 pm
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BoE interest rates need to rise - or will that just send us back into recession? Argh... But then gain debt is being reduced by all this inflation so that's something.


 
Posted : 18/05/2010 2:54 pm

6 DAYS LEFT
We are currently at 95% of our target!