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W11
08 Feb 16 12:21
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Date Joined: 29 Dec 01
| Topic/replies: 509 | Blogger: W11's blog
Hi everybody.

I am looking for your advice and knowledge, in the coming months I want to invest some money, I want to know where is the best place with the highest monthly interest rates?

look forward to your replies

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Replies: 20
By:
Stow_judge
When: 08 Feb 16 12:27
http://www.moneysavingexpert.com/savings/savings-accounts-best-interest
By:
Stow_judge
When: 08 Feb 16 12:28
http://moneyfacts.co.uk/savings/best-savings-rates/
By:
The Leopard
When: 08 Feb 16 12:44
W10
By:
The Leopard
When: 08 Feb 16 12:47
491 posts in 15 years....kuh !
By:
parispike
When: 08 Feb 16 13:08
Santander 123 , 3% £3,000/£20,000. £5 monthly account fee

Difficult to better
By:
The Leopard
When: 08 Feb 16 13:20
^ Spanish
By:
parispike
When: 08 Feb 16 13:39
So?
By:
s.kenbo
When: 08 Feb 16 13:46
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?
By:
dustybin
When: 08 Feb 16 13:52
its the most profitable for funds 9k and over
By:
dustybin
When: 08 Feb 16 13:52
..upto 20k obv
By:
parispike
When: 08 Feb 16 14:18
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.
By:
The Leopard
When: 08 Feb 16 14:33
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?
By:
The Leopard
When: 08 Feb 16 14:34
Support British banks & Building Societies !
By:
W11
When: 08 Feb 16 15:50
The Leopard

491 posts in 15 years....kuh !

WTF is that comment all about?
By:
s.kenbo
When: 08 Feb 16 16:15
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.
By:
W11
When: 08 Feb 16 16:22
Thanks for your replies everybody
By:
Facts
When: 08 Feb 16 18:07
Re Santander account.

Isn't the true % interest 2.4 % ( I.e 3%  less basic rate income tax applied)
By:
1st time poster
When: 08 Feb 16 18:39
could be worse could be in pensions or stocks and shares isa,s getting hammered since xmas
By:
1st time poster
When: 08 Feb 16 18:40
no tax on 1st £1000 of any interest in any account from april
By:
The Leopard
When: 09 Feb 16 17:03

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 Wink

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