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$us Dollar Savings Account

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Any suggestions on opening a savings account in the US, preferably if at all possible without having to go there. I have a Bank of America account I set out while I was out there but the savings account on that is a lovely 0.5%.

Any thoughts on this or are there any $US accounts based in the UK with decent interest rates?

Thanks.

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I have been told of the rubbish savings rates in the US. I don't quite understand this when their base rate is higher than hours.

Can anyone suggest any savings type of a/c that can be opened, whether it's in the US by a US resident or offshore.

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You would have to be insane to hold USA Dollars.

The Dollar is about to go under in the next year.

Yep, that's what I've heard too.

I had a Nationwide dollar account a while back. Crap interest (as with nearly all currency accounts) and $25 per cheque to pay in. Waste of time unless you really need one

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Well I'm looking to move to the US in 2-4 years time. I thought it wouldnt hurt to transfer some of my small STR fund into dollars whilst the pound is very high against the dollar (can it really get any higher than $2:£1?). I have a cousin who lives there who could open an a/c in her name if needed and hold some of my cash - except she doesnt know any good savings rates off hand and is not up on anything financial.

Can the US$ really go under like that? The worlds biggest economy? There are other currencies linked to the US$ too. The world is finished if the US$ goes under. I have alot of money in HK$ too, should I get out of HK$!?

Thanks in advance for further views.

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Well I'm looking to move to the US in 2-4 years time. I thought it wouldnt hurt to transfer some of my small STR fund into dollars whilst the pound is very high against the dollar (can it really get any higher than $2:£1?). I have a cousin who lives there who could open an a/c in her name if needed and hold some of my cash - except she doesnt know any good savings rates off hand and is not up on anything financial.

Can the US$ really go under like that? The worlds biggest economy? There are other currencies linked to the US$ too. The world is finished if the US$ goes under. I have alot of money in HK$ too, should I get out of HK$!?

Thanks in advance for further views.

Bert good idea to do this especially if you are planning to move there. HSBC direct offers an internet based US account at 5.1%. Also check out netbank.com and flag bank.

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Bert good idea to do this especially if you are planning to move there. HSBC direct offers an internet based US account at 5.1%. Also check out netbank.com and flag bank.

Thanks just about to open an $ online saver @ 5.05% with exchange rate @ £1:$1.82

It was closer to £1:$2 a few weeks ago; will it go back up or is 1.82 the best I'm going to get? <_<

Thanks.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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