Best monthly high interest accounts

http://www.moneysavingexpert.com/savings/savings-accounts-best-interest

http://moneyfacts.co.uk/savings/best-savings-rates/

W10

491 posts in 15 years....kuh !

Santander 123 , 3% £3,000/£20,000. £5 monthly account fee

Difficult to better

^ Spanish

So?

Am I right. If you had £3000 in a Santander account, then you'd get £90 interest for the year, yet they'd charge you £60 account fee for the same period?

its the most profitable for funds 9k and over

..upto 20k obv

Yes Kembo.

Obviously the equation is more favourable at the £20,000 max. Cash back on utilities too. After tax and account fee I earn about £45 per month. Not bad.

Spanish economy was on it's knees.....25% youth unemployment ....we must have been involved in bailing them out.....why put money into their failed system?

Support British banks & Building Societies !

The Leopard

491 posts in 15 years....kuh !

WTF is that comment all about?

I think we've got money in the 123 account, I didn't realise it was such a poor return when you didn't have the maximum amount in there.

Leopard, we've also got a local Building Society account and I'm sure that pays about 0.2%. The banks just aren't worth putting your money in for the interest.

I could work two extra days a year and earn more than the interest will pay on our money. You need a hell of a lot of money to make anything worthwhile. And most of haven't got it.

Thanks for your replies everybody

Re Santander account.

Isn't the true % interest 2.4 % ( I.e 3%  less basic rate income tax applied)

could be worse could be in pensions or stocks and shares isa,s getting hammered since xmas

no tax on 1st £1000 of any interest in any account from april

Feb 8, 2016 -- 3:50PM, W11 wrote:

The Leopard491 posts in 15 years....kuh !WTF is that comment all about?

Just pulling your leg.....you don't post much though......30 posts per year....you need to up your game