Best savings account?

Raymond Lin said:
Which account?

There is General Investment, Stocks and Shares ISA or Junior ISA.
Click to expand...
Any.
I just chose the safest general investment account which gets sod all interest but also next to no fee. Unless the world literally burns I'm not going to lose anything on keeping £500 in it for 3 months.
 
tom_e said:
Any.
I just chose the safest general investment account which gets sod all interest but also next to no fee. Unless the world literally burns I'm not going to lose anything on keeping £500 in it for 3 months.
Click to expand...
Quoting to come back in 3 months and reply from my nuclear fall out bunker.
 
Freakbro said:
Let me know if it works, I've closed a FD account around that time and moved since too :p
Click to expand...
I gave up because it said if you've had a HSBC account on or after 01/01/2020 you are out. Guess what? I did a HSBC switching deal on 01/01/2020 :D

So yeah I am definitely out.
 
Any savings accounts where.i can put money in and return £125 interest per month instead of per year as an example ?
 
Last edited:
DJMK4 said:
Any savings accounts where.i can put money in and return £125 interest per month instead of per year as an example ?
Click to expand...
£50k into chip.

You're basically asking the same question as the other day aren't you? What's the highest rate that pays monthly interest?
 
Last edited:
Ah I think he may mean interest paid monthly. Chase do that.

I.e. 10 per month rather than waiting for 120 at year end. Right?
 
Zatoichi.uK said:
Yep chose general account and low risk with Nutmeg. Hopefully an easy win.
Click to expand...

The risk levels are misleading, IMO the return from a low risk typical robo advisor will be less than the savings accounts available today.

What did you chose it gives 4 options and then there are multiple risk levels for each
 
platinum87 said:
The risk levels are misleading, IMO the return from a low risk typical robo advisor will be less than the savings accounts available today.

What did you chose it gives 4 options and then there are multiple risk levels for each
Click to expand...
It ended it with 1/5 and fairly sure you can adjust it once setup.
 
Last edited:
Uther said:
Possibly if you've got a few million quid to put away.
Click to expand...

With an account that has monthly interest,50k or there abouts gets you that at current Interest rates of 3% +

I managed to get 3.20% with Nationwide monthly interest, 4 weeks back just before they stopped the monthly interest.

Nationwide seem to be moving to fixed yearly interest now, but with a higher interest.
 
Last edited:
You must log in or register to reply here.
Back
Top Bottom