Agent Orange Posted September 12, 2006 Share Posted September 12, 2006 Hello - I'm thinking that it's about time that I make a real effort to stash some pennies for the long term and have been having a gander at various internet banks. This will be a first for me so the thought of finding a decent bank that offers a decent interest rate is a little scary. Would be grateful for anyone in the know. Thanking you in advance. Link to comment Share on other sites More sharing options...
torin8 Posted September 12, 2006 Share Posted September 12, 2006 ING direct do an instant access savings account for 4.75% - very easy to use. Also worth if you are looking to save for the furture to get an ISA account. Alliance & leicester do an online one for 5.10% tax free I think. Link to comment Share on other sites More sharing options...
Cyclone Posted September 12, 2006 Share Posted September 12, 2006 I think I saw Halifax offering a 7% deal for a regular saver account (which is a pretty amazing interest rate). Link to comment Share on other sites More sharing options...
Agent Orange Posted September 12, 2006 Author Share Posted September 12, 2006 I think I saw Halifax offering a 7% deal for a regular saver account (which is a pretty amazing interest rate). You're kidding?! That's way above anything I've seen so far. Gonnado a search now and see what I can find. Link to comment Share on other sites More sharing options...
Cyclone Posted September 12, 2006 Share Posted September 12, 2006 I spotted it on the tv and even paused it to tell the SO. Link to comment Share on other sites More sharing options...
banesmabes Posted September 12, 2006 Share Posted September 12, 2006 I use Cahoot for my savings - I think I get 4.75%, and I can have instant access to cash when I need it. Halifax sounds good though - might look into that myself. Link to comment Share on other sites More sharing options...
Grissom Posted September 12, 2006 Share Posted September 12, 2006 The Alliance and Leicester have a bank account with 6.1 % interest. If you switch to using that and I refer you, we each get £50, which might work out better than other savings accounts depending on how much you are putting away ... http://www.alliance-leicester.co.uk/currentaccounts/index.asp?page=home&ct=htmlprimarycurraccsept06 If you'd like to do this send me a PM... Link to comment Share on other sites More sharing options...
milted Posted September 12, 2006 Share Posted September 12, 2006 That Halifax 7% is poor, you can only invest about £250 per month and it nets down to about 3% pa. Try Bradford & Bingley on line savings. Last time I checked they came out tops Link to comment Share on other sites More sharing options...
SupraSteve Posted September 12, 2006 Share Posted September 12, 2006 HSBC do 8% regular saver (any amount between £25 and £250/month) and someone else - can't rememebr if it's Lloyds or Alliance & Leicester - do 10% for their regular saver. HSBC hide it away though so you have to search for "Regular Saver 2" I think. These account mean that you can't get at your money until the end of the year though, if you want instant access a good bet is the ING Direct (http://www.ingdirect.co.uk) account - once it's been set up it's a doddle to use and you can have several 'pots' of money that you can control seperately - I have one for car costs, one for Christmas expenses, one for Birthdays, that sort of thing. Link to comment Share on other sites More sharing options...
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