_w_ Posted July 19, 2010 Share Posted July 19, 2010 I am getting 7%, but not in this country! Amelie Where? Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted July 19, 2010 Share Posted July 19, 2010 Savings? Don't make me laugh.................... I used to save until about 12 months ago when I realised what a complete an utter fool I had been. All the rates you have disclosed are gross of course. The 40%'ers of you are getting screwed already. You bought a house? Yes? To my mind even stuffing cash under the mattress is better than that, but time will tell. Quote Link to comment Share on other sites More sharing options...
MinceBalls Posted July 19, 2010 Share Posted July 19, 2010 Perfect example. Well done for being so prudent btw. However, your rates are gross so a 40% tax payer's best deal is 3% net? Remind me what is RPI right now? Good point but it doesn't indicate WHAT anyone with cash can do about it - and that's people who don't want to buy a property or invest in gold or FX.... and that is a lot of people. Quote Link to comment Share on other sites More sharing options...
CHF Posted July 19, 2010 Share Posted July 19, 2010 In another country. Amelie Great. Thanks for that. Be sure to contribute more of this calibre info Quote Link to comment Share on other sites More sharing options...
tennaval Posted July 19, 2010 Share Posted July 19, 2010 (edited) All the money I have in savings accounts is ear marked for buying a house. So It's effectively worth about 20% more than it was 2.5 years ago + the interest earned, so its up say maybe 25% in that time. I think It's about to earn me in real terms 10% p.a. for the next 2 years...as prices plummet It's not the savings rate you want to worry about, it's the price of the house you buy with your savings. If you're thinking any other way then you ought to be over on: www.carpricecrash.co.uk www.foodpricecrash.co.uk have a large str cash fund @ 4% in Santander for another 18 months (with free exit) and i'm employing exactly the same attitude as you ignoring general cost of living inflation and keeping eye only on house prices in target area, I'll wait as long as it takes as prices are going one way Edited July 19, 2010 by tennaval Quote Link to comment Share on other sites More sharing options...
yellerkat Posted July 19, 2010 Share Posted July 19, 2010 (edited) Great. Thanks for that. Be sure to contribute more of this calibre info Mumsnet revenge. ED: Couldn't even type two words properly. Edited July 19, 2010 by yellerkat Quote Link to comment Share on other sites More sharing options...
Muskoka Posted July 19, 2010 Share Posted July 19, 2010 You can still get 3.25% in Marks & Spencer fixed rate bond for 3 years BUT the only penalty for withdrawing all your money is £100......... Quote Link to comment Share on other sites More sharing options...
Kurt Barlow Posted July 19, 2010 Share Posted July 19, 2010 Sweet FA right now I have a Cambridge Building Society ISA (Formerly a tessa) - 1.9% Nationwide ISA - 0.25% (I have got to do something about this now) :angry: Britannia Direct saver reserve 1% Barclays Monthly saver - 0.4% Also £8K in Zopa. Approx £32K of which only two accounts are getting anywhere near RPI.... Keep meaning to open a Norwich and Peterborough Reg Saver account - max £250pcm @ 4% Should also take out a FR bond - perhaps 3-5 years? Alternative is pay down mortgage but its small already and I only pay 2% (variable rate tracker for life) Quote Link to comment Share on other sites More sharing options...
exiges Posted July 19, 2010 Share Posted July 19, 2010 (edited) You can still get 3.25% in Marks & Spencer fixed rate bond for 3 years BUT the only penalty for withdrawing all your money is £100......... That's not very good for a 3yr rate IMO Today I saw this: "Bank of Baroda, India's third largest bank is offering one, two, three and five-year fixed-rate bonds, all of which have gone straight to the top of the best buy tables. It is paying a return of 4.9 per cent on its five-year bond, beating the previous market leader, fellow Indian institution ICICI Bank, which offered 4.75 per cent over the same term." Edited July 19, 2010 by exiges Quote Link to comment Share on other sites More sharing options...
exiges Posted July 19, 2010 Share Posted July 19, 2010 (edited) Also £8K in Zopa. Oops, forgot about that, I've got about £4500 in ZOPA, lent out at an average of 9.5%, mainly over short term A* Only had one written off (£20 @ 13%) Edited July 19, 2010 by exiges Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted July 19, 2010 Share Posted July 19, 2010 It starts with A and ends with A - happy? Oh, and I will be more than happy to make such contributions of such calibre in future. Amelie Albania??????????????????? Quote Link to comment Share on other sites More sharing options...
jaynewcastle Posted July 19, 2010 Share Posted July 19, 2010 Algeria ? Quote Link to comment Share on other sites More sharing options...
jaynewcastle Posted July 19, 2010 Share Posted July 19, 2010 Australia ? Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted July 19, 2010 Share Posted July 19, 2010 2yr fixed bond net 3.5% ISAs getting 3% on 1 yr fix here regular saving arrangements netting 4% 1 yr fix netting 3.8% in Europe pretty poor really Quote Link to comment Share on other sites More sharing options...
jaynewcastle Posted July 19, 2010 Share Posted July 19, 2010 Austria ? Quote Link to comment Share on other sites More sharing options...
Oliver Sutton Posted July 19, 2010 Share Posted July 19, 2010 (edited) It starts with A and ends with A - happy? Oh, and I will be more than happy to make such contributions of such calibre in future. Amelie Angola? Edited July 19, 2010 by barry Quote Link to comment Share on other sites More sharing options...
Kurt Barlow Posted July 19, 2010 Share Posted July 19, 2010 (edited) Oops, forgot about that, I've got about £4500 in ZOPA, lent out at an average of 9.5%, mainly over short term A* Only had one written off (£20 @ 13%) Ironically the only one I have had go bad on me was an A60* All the listings C&Y (about 12% of portfolio) have been as good as gold so far - touch woodx100 ZOPA is the only thing I am getting any decent interest on with the added bonus of getting one over on the banks. Edited July 19, 2010 by Kurt Barlow Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted July 19, 2010 Share Posted July 19, 2010 Have moved all my cash to spreadbets/equities instead of scratching for a percent or two. It's just noise. Quote Link to comment Share on other sites More sharing options...
macfarlan Posted July 19, 2010 Share Posted July 19, 2010 I'm in gold and term deposit. Armenia? Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted July 19, 2010 Share Posted July 19, 2010 Can't you read? Angora, I'm long on goat belly button fluff futures. Quote Link to comment Share on other sites More sharing options...
Ajax Posted July 20, 2010 Share Posted July 20, 2010 I'm getting 3.25% on a 1 Year bond with HSBC Premier, matures end of August. Don't know what I'll do with it then. ajax Quote Link to comment Share on other sites More sharing options...
SarahBell Posted July 20, 2010 Share Posted July 20, 2010 Nationwide ISA - 0.25% (I have got to do something about this now) :angry: I asked at the counter about the p(ss poor rates and the girl wasn't interested. Have moved it now and went in to get balance before doing so and the girl was distraught that i was taking my cash away. She wanted to know which counter staff person it'd been. Quote Link to comment Share on other sites More sharing options...
Mrs Bear Posted July 20, 2010 Share Posted July 20, 2010 That's not very good for a 3yr rate IMO But you can get at your money, and with most of the fixes with better rates, you can't. Quote Link to comment Share on other sites More sharing options...
bigsmelly Posted July 20, 2010 Share Posted July 20, 2010 5% Santander first home saver (must have never had a mortgage ) 2 ish % NSamI ISA 2.75% NRK IAS that's it. Applied for NSandI RPI + bonds, but gave them the wrong id number, and forgot about it :-( Quote Link to comment Share on other sites More sharing options...
lets get it right Posted July 20, 2010 Share Posted July 20, 2010 I asked at the counter about the p(ss poor rates and the girl wasn't interested. Have moved it now and went in to get balance before doing so and the girl was distraught that i was taking my cash away. She wanted to know which counter staff person it'd been. I moved money out of Nationwide's e-saver account where it was getting 0.5% to Nationwide's Champion Saver - passbook, branch based account - which pays the average of the 5 best paying comparable accounts. About 2.7% at the moment. 60 days Notice as far as I remember. Why do Nationwide offer 0.5% on an internet based account and 2.7% on a branch based account. They are f u c k i n g mad. Quote Link to comment Share on other sites More sharing options...
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