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25-01-2019, 09:21 PM
11

Re: Savings Accounts

Here's a typical one.

First Direct

"The First Direct regular saver pays 5% AER fixed for one year and you can deposit between £25 and £300 each month"

Unfortunately to get this you have to switch your bank account to their 1st Account.

Regardless the max you can put in is £300 a month over just one year so a max of £3,600
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26-01-2019, 12:08 AM
12

Re: Savings Accounts

Seriously?

Retired? Savings? What the hell? At our age who cares what the interest rate is?

Spend it! Enjoy it. You could be dead tomorrow, you won't be worrying about interest rates then.
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26-01-2019, 01:25 AM
13

Re: Savings Accounts

Originally Posted by Bruce ->
Seriously?

Retired? Savings? What the hell? At our age who cares what the interest rate is?

Spend it! Enjoy it. You could be dead tomorrow, you won't be worrying about interest rates then.
I don't know what your age is Brucey but I don't consider myself old yet.

My family have good genes and a history of living until their 90s. Grandparents on Mother's side lived till 95 ish.

Grandfather on father's side still alive, 98 and still driving !


Myself well I plan to live forever !

So far so good !
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26-01-2019, 01:45 AM
14

Re: Savings Accounts

Originally Posted by Realist ->
I don't know what your age is Brucey but I don't consider myself old yet.
Obviously comprehension is not your strong point. Who mentioned "old"? That has nothing to do with it. I said "At our age". What are you saving for that interest rates are going to make any difference?

Spend and enjoy for ever! The problem is not saving, like most superannuantes the problem is spending I just can't spend enough, quick enough. Nihilism rules!

Sadly you seem to be one of these people that knows the cost of everything but the value of nothing.
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26-01-2019, 02:20 AM
15

Re: Savings Accounts

Originally Posted by Nicol ->
The next best is my Santander 123 current account at 1.5%.
If you can spare £200 per month from your current account then set up a Santander Regular eSaver at 3%. IIRC, it's a 12 month contract with renewal at termination.
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26-01-2019, 02:32 AM
16

Re: Savings Accounts

Originally Posted by Bruce ->
Seriously?

Retired? Savings? What the hell? At our age who cares what the interest rate is?

Spend it! Enjoy it. You could be dead tomorrow, you won't be worrying about interest rates then.
That's true Bruce and if not won't do to waste it on care home fees .
Had to look up Nihilism.
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26-01-2019, 07:13 AM
17

Re: Savings Accounts

Originally Posted by Muddy ->
That's true Bruce and if not won't do to waste it on care home fees .
Had to look up Nihilism.
Hi

That is a serious problem here in the UK.

If you have spent it all on enjoying yourself you have nothing to pay, if you have saved you lose it.

I don't fuss about Interest Rates, they are what they are.

I do not rely on savings, I have pensions, so I am fortunate in that respect.
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26-01-2019, 10:39 AM
18

Re: Savings Accounts

I know that some of you will scoff at premium bonds, but the return I get is good £50 last month and £25 this month, and many more in the past. I should work out what the ‘interest’ could be, but I can’t realy be bothered.
The rest of my cash is in 2 accounts in the Halifax. Yes I know the interest is low, but I am not bothered.
Money is the root of all evil 😈 so they say.
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26-01-2019, 11:19 AM
19

Re: Savings Accounts

Originally Posted by Bruce ->
Seriously?

Retired? Savings? What the hell? At our age who cares what the interest rate is?

Spend it! Enjoy it. You could be dead tomorrow, you won't be worrying about interest rates then.
Without the interest on my savings I wouldn't have been able to retire.

Some people don't have the luxury of not caring about interest rates and they need every penny they can get their hands on so interest rates are still pertinent to them.

For me it's a case of old habits die hard plus, as far as ISAs are concerned, I have to keep as much as possible away from the tax man's beady eyes!
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26-01-2019, 11:28 AM
20

Re: Savings Accounts

Interest rates?




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