Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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Anyone got any advice? I need one where you can pay in regularly but am happy not to withdraw anything for say a year (probs no more than that so 3 year bonds etc are out of the question  )
We're talking £5-15k atm
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Stu_22
Member
Registered: 25th Mar 02
Location: Luton
User status: Offline
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No such thing as high interest at the mo
Nationwide do 5% for the online current account but you would have to pay in 1k a month and its only for the first 2.5k
but if you opened up a coupe accounts and switched the money around
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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Santander 1-2-3 Curent Account 3% interest on the balances you have.
Halifax Reward - Free £5 a month - Open up a few and do online transfers for multiple £5. The bank even said you could do this!
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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Zopa, imo
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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You can do a rapid return after a while to get your money back. Costs you 1% of your withdrawal, but the higher than average interest rate will cover it
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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quote:
Originally posted by Stu_22
No such thing as high interest at the mo
Nationwide do 5% for the online current account but you would have to pay in 1k a month and its only for the first 2.5k
but if you opened up a coupe accounts and switched the money around
hence why said higher  5% would be a dream tbh given current rates 
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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quote:
Originally posted by AndyKent
Zopa, imo
whats that? sounds intersting
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Balling
Premium Member
Registered: 7th Apr 04
Location: Denmark
User status: Offline
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Know fuck all about this subject to be fair, but I'm pretty sure that Danish Government Bonds are a fairly solid investment.
Either way, if I had 15k I'd probably be withdrawing them today in fear of everything crashing tomorrow, given the state of things in the US.
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Balling
Premium Member
Registered: 7th Apr 04
Location: Denmark
User status: Offline
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Just to add, I'd withdraw them in Euro as the Pound is probably going to take a beating as well, if the Dollar does.
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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true dat
Having just had a shufty through the MSE lists, I think my bets bet will be to keep £5k in a 2% 1 year bond and then start putting the excess into a portfolio as even 5 year bonds are only attracting 4% :\
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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Not so risky any more, they've reduced rates ever so slightly but run a guaranteed return scheme. I think a cut of all interest paid gets retained by Zopa and put into a fund to cover losses.
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Kyle T
Premium Member
Registered: 11th Sep 04
Location: Selby, North Yorkshire
User status: Offline
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Currently got £15k in a Santander 1-2-3 account, seemed the best option when I looked into it.
My fixed term ended on my Mortgage a few months ago though... wondering if I should just dump it all into the mortgage.
Lotus Elise 111R
Impreza WRX STi
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