Above average savings interest rate?
Above average savings interest rate?
Author
Discussion

Goughie

Original Poster:

616 posts

218 months

Thursday 27th November 2008
quotequote all
OK so the cut in interest rate has done wonders for my mortgage payments, but crapped out my savings rate.

I diversified into metals a whilse back, but am looking to put the bulk of my savings into something safe that pays a bit more than the 2.75% offered by my ING account. Anyone got any suggestions? I'm not too fussed if the money is tied up for a while as it'll be there until I pay down the flat in a couple of years (if the master plan comes off!)

TIA

oyster

13,738 posts

277 months

Glosphil

4,882 posts

263 months

Thursday 27th November 2008
quotequote all
AA Savings offering over 6%

www.theAA.com

then click on 'Financial Services"


srebbe64

13,021 posts

266 months

Thursday 27th November 2008
quotequote all
I recently stuck a load of dosh into Bonds - as advised by my IFA. Can't remember the rate, but it was north of 5%. It's tied up for a minimum of 6 months (I think), but that's fine with me.

hornet

6,333 posts

279 months

Thursday 27th November 2008
quotequote all
Halifax have a few fixed rate deals for terms from three months to five years :-

http://www.halifax.co.uk/savings/fixedwebsaver.asp

Only gotcha is you need to open a variable web saver first, but you can always do that then just leave a small balance in it. I've just parked my 09/10 ISA allowance in a three month jobbie. I think Tesco are doing a decent (~6%) rate, but I believe that's variable.

Olf

11,978 posts

247 months

Thursday 27th November 2008
quotequote all
There's some tasty deals with a couple of Greenland banks.

Goughie

Original Poster:

616 posts

218 months

Friday 28th November 2008
quotequote all
oyster said:
Thank you my good man! How's tricks? Seen Mr. P recently? Up for a beer or two?