Interest rate drop to 2% - Corsa Sport - for Vauxhall and Opel Corsa B, Corsa C and Corsa D

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Colin

Member

Registered: 4th Apr 02
User status: Offline

5th Dec 08 at 16:03

Good for my mortgage (if they pass the savings on!)

Not so good for my savings!! Whats best to do with my savings, premium bonds??

Dan

Premium Member

Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
User status: Offline

5th Dec 08 at 16:29

I would.

Step dad has the maximum of 25k in them, and never gets less than 1 £50 win per month.

So a mimimum of 600 a year normally? with the chance of alot more

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Adge

Member

Registered: 28th Aug 04
Location: Lancashire
User status: Offline

5th Dec 08 at 16:40

sorry but could some1, Explain a premium to me?

Nath

Member

Registered: 3rd Apr 02
Location: MK
User status: Offline

5th Dec 08 at 20:39

quote:
Originally posted by Colin
Whats best to do with my savings, premium bonds??

Colin

Member

Registered: 4th Apr 02
User status: Offline

5th Dec 08 at 20:58

Yeah I could just spend.....that would get rid of the problem

AndyKent

Member

Registered: 3rd Sep 05
User status: Offline

5th Dec 08 at 21:21

Problem with the premium bonds is that the chances of winning has just been slashed so really your rate of return is no better than a standard savings account.

Aaron

Member

Registered: 9th Aug 04
Location: Cottingham, East Riding
User status: Offline

6th Dec 08 at 11:27

quote:
Originally posted by aPk
Problem with the premium bonds is that the chances of winning has just been slashed so really your rate of return is no better than a standard savings account.

But with a savings account, you can't win £1 Million (or what ever it is)

AndyKent

Member

Registered: 3rd Sep 05
User status: Offline

6th Dec 08 at 12:45

I know, but you also risk not getting anything back at all.....

Dan

Premium Member

Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
User status: Offline

6th Dec 08 at 18:53

Depends if ud rather lose what u could gtd make in interest for the chance of winning a life changing sum, and probably earn half of the interest in winings

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Ian

Site Administrator

Registered: 28th Aug 99
Location: Liverpool
User status: Offline

18th Dec 08 at 17:59

My dad used to have them and got about what he would have if it were in a high interest account, except that he had the chance of winning a lot more. Never happened like

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