James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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http://www.halifax-international.com/savings/regular-saver.asp
6% Fixed for 12 months
No withdrawals unless you close the account early
Monthly deposit of between £100 and £2000
Note this is an offshore account and therefore does not fall under the same regulations as onshore accounts so please do your research first.
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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P.s. As it's offshore there is no tax on the interest but you should declare it as taxable income by way of a personal tax return!
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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What about garentees on your money?
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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That's what i'm not 100% sure about.
It used to be 75% protected for offshore accounts but I have a feeling that it might be 100% now.
At the end of the day it is HBOS which is unlikely to go under, although you never really know.
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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I think you're better off saving money with UK based institutions (for compensation purposes) no?
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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Well the institution itself is UK Based (It's HBOS).
The accounts are held in the Isle of Man and i'm not 100% sure on the regulations.
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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That's a shame. I have £500 in an appalling interest rate ISA with National Savings & Investments which I could put in there but won't be putting in £100/month.
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Kimi-01
Member
Registered: 8th Jun 08
User status: Offline
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quote:
Originally posted by James
http://www.halifax-international.com/savings/regular-saver.asp
6% Fixed for 12 months
No withdrawals unless you close the account early
Monthly deposit of between £100 and £2000
Note this is an offshore account and therefore does not fall under the same regulations as onshore accounts so please do your research first.
http://www.personal.barclays.co.uk/BRC1/jsp/brccontrol?task=homefreegroup&value=14937&target=_self&site=pfs
Earn a fixed interest rate of 6.00% AER (5.84% gross pa*) in months when no withdrawals are made.
Make monthly deposits from £20 to £250 by standing order.
tick Save up to £3,000 over the 12-month term.
tick At the end of the 12-month term your account will automatically switch to an instant access savings account that is available at that time.
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Kimi-01
Member
Registered: 8th Jun 08
User status: Offline
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ps, original post, the interest rate is now 5% effective of today.
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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quote:
Originally posted by Kimi-01
ps, original post, the interest rate is now 5% effective of today.
Balls 
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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It was 10% around October last year apparently.
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