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http://www.moneysavingexpert.com/savings/savings-accounts-best-interest
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http://moneyfacts.co.uk/savings/best-savings-rates/
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W10
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491 posts in 15 years....kuh !
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Santander 123 , 3% £3,000/£20,000. £5 monthly account fee
Difficult to better |
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^ Spanish
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So?
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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?
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its the most profitable for funds 9k and over
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..upto 20k obv
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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. |
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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?
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Support British banks & Building Societies !
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The Leopard
491 posts in 15 years....kuh ! WTF is that comment all about? |
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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. |
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Thanks for your replies everybody
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Re Santander account.
Isn't the true % interest 2.4 % ( I.e 3% less basic rate income tax applied) |
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could be worse could be in pensions or stocks and shares isa,s getting hammered since xmas
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no tax on 1st £1000 of any interest in any account from april
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