penbat1 Posted October 10, 2005 Share Posted October 10, 2005 ING Bank gives 4.75% APR. http://www.ingdirect.co.uk Does anything else beat that, disregarding temporary promotions ? Quote Link to comment Share on other sites More sharing options...
Golden Shower Posted October 10, 2005 Share Posted October 10, 2005 I use First Direct, they pay out 5%, but if you make a withdrawal during a month you lose interest. So I still have my ING account which is used as a rainy day account, the First Direct holds my deposit. Quote Link to comment Share on other sites More sharing options...
penbat1 Posted October 10, 2005 Author Share Posted October 10, 2005 I use First Direct, they pay out 5%, but if you make a withdrawal during a month you lose interest. So I still have my ING account which is used as a rainy day account, the First Direct holds my deposit. I suspect 5% is a promotion and they will go down to 4.75% or less in April 2006. Mind you, it is easy to shunt money around from one internet savings account to another to pick up the best rates at any one time ! Quote Link to comment Share on other sites More sharing options...
OzzMosiz Posted October 10, 2005 Share Posted October 10, 2005 Cahoot are 4.85% and you can make withdrawls without penalty. Quote Link to comment Share on other sites More sharing options...
Gbob Posted October 11, 2005 Share Posted October 11, 2005 Cahoot are giving 5.25% for the first 6 months but then it slides down during the rest of the year. ICICI are offering 5.15% variable. Quote Link to comment Share on other sites More sharing options...
OzzMosiz Posted October 11, 2005 Share Posted October 11, 2005 Cahoot are giving 5.25% for the first 6 months but then it slides down during the rest of the year. ICICI are offering 5.15% variable. Any idea off the top of your head what the rate slides to? Quote Link to comment Share on other sites More sharing options...
penbat1 Posted October 11, 2005 Author Share Posted October 11, 2005 Any idea off the top of your head what the rate slides to? Im pretty sure its 4.5% Quote Link to comment Share on other sites More sharing options...
erd Posted October 11, 2005 Share Posted October 11, 2005 ING Bank gives 4.75% APR. http://www.ingdirect.co.uk Does anything else beat that, disregarding temporary promotions ? B&B do 4.85, not worth switching for the extra though. Quote Link to comment Share on other sites More sharing options...
spoon Posted October 11, 2005 Share Posted October 11, 2005 Scottish Widows offer something above 5% i think. surprised not to see it mentioned here. perhaps i'm missing something. Quote Link to comment Share on other sites More sharing options...
erd Posted October 11, 2005 Share Posted October 11, 2005 Scottish Widows offer something above 5% i think. surprised not to see it mentioned here. perhaps i'm missing something. They do a 5.01% (£50k minimum, although the rate only drops to 4.96% for £25-50k) including a 0.75% bonus for 6 months. Cahoot's account offers a better rate at 5.25% (£15k minimum) including a 0.75% bonus for 6 months, 025% for the next 3 months. Quote Link to comment Share on other sites More sharing options...
spoon Posted October 11, 2005 Share Posted October 11, 2005 true. still cahoot allow a maximum of 100k. i believe scottish widows has no upper limit. my point being it's a close second and nowhere to be found on any of the best buy surveys like www.moneysavingexpert.com. Quote Link to comment Share on other sites More sharing options...
Golden Shower Posted October 12, 2005 Share Posted October 12, 2005 Cahoot are giving 5.25% for the first 6 months but then it slides down during the rest of the year. ICICI are offering 5.15% variable. I'd check these guys out first. Fair enough a certain amount of money will be safe under FSA rules but ICICI have a poor S&P credit rating. Quote Link to comment Share on other sites More sharing options...
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