Savings, ISA ect....

[metalmonkey]

Anyone know what are good deals for ISAs right now? I know the rates are poor, but I want to get some money in one before April 5th, then again after that date to try and gain some interest, though I know it won't be much.

Though would be good to aviod anything thats gonna collaspe.

So whats good out there right now?

[embee]

Not a lot of joy about, but try http://www.moneysavingexpert.com/ for a start.

There are some 3+% deals about for longer term committments, but a bit grim. On the plus side you can often transfer if a better deal comes up (though a lot of the better deals don't allow existing ISA transfer-in). Get it in somewhere and at least you've claimed the tax status of the ISA, if all else fails you can get it back out again and haven't really lost anything.

[simesb]

Not a lot of joy about, but try http://www.moneysavingexpert.com/ for a start.

There are some 3+% deals about for longer term committments, but a bit grim. On the plus side you can often transfer if a better deal comes up (though a lot of the better deals don't allow existing ISA transfer-in). Get it in somewhere and at least you've claimed the tax status of the ISA, if all else fails you can get it back out again and haven't really lost anything.

Yip - if you can afford to put it away for the longer term you'll be getting the interest tax-free the whole time which will be better once interest rates increase.

[KeithCRM]

M&S paying 3.1% including 1% bonus until 21.04.10. No notice withdrawl ;)

About the best deal I could find

[600+]

best cash-isa I've seen is with Barclays at 3.61% but no transfers

best that allows you transfers is NAtwest at 3.51%

[Ed]

You have money to save?

[ivantate]

Have heard M&S mentioned a few times recently as being a good and flexible deal.


Frustration:
Mortgage- 5.9%
ISA~ 1.5%

My ISA gets paid monthly and in fact for some reason this month it went from £10044 to £10048, must some kind of reverse record!!!

[plowsie]

Put it under the bed, forget about it.

And I'm a trainee financial adviser ;)

[DanAbnormal]

A wise man told me, don't save money but put any extra money you have into any debt or mortgage. If you don't have any of the above then you are either very lucky, very tight or just good with money (unlike me) :rolleyes:

[hovis]

Put it under the bed, forget about it.

And I'm a trainee financial adviser ;)

thats why your only a trainee;)

[plowsie]

thats why your only a trainee;)
touchet

[Luckypants]

A wise man told me, don't save money but put any extra money you have into any debt or mortgage. If you don't have any of the above then you are either very lucky, very tight or just good with money (unlike me) :rolleyes:

+1 you will save more in interest charges than you will earn by saving, so making a net gain. My mortgage rate is currently 3.8%, higher than most savings rates.

[Dicky Ticker]

Do National Savings Bonds still pay 25% for a five year investment period
i.e. £400 [2009]=£500[2014] and tax free.

Do they still exist?

[embee]

National Savings rates are virtually nil now (I have an existing cash ISA which was a decent rate but is pathetic now, probably move it after April 6th)
http://www.nsandi.com/index.jsp

[cb5_keith]

NSandI are a safe bet though, not bothered about moving it too much, been with them for years

[plowsie]

National Savings rates are virtually nil now (I have an existing cash ISA which was a decent rate but is pathetic now, probably move it after April 6th)
http://www.nsandi.com/index.jsp
Guaranteed Equity Bonds with NS&I are rather interesting, especially with the current market conditions...

[timwilky]

At the moment, you might as well buy premium bonds

[Orpheus]

At the moment, you might as well buy premium bonds

Thats the worst thing you can do-

http://www.youtube.com/watch?v=Yn4XS-5iOl0&feature=rec-HM-exp_stronger_rev-rn

[Spokey]

At the moment, you might as well buy premium bonds

my thoughts exactly - we get a couple of £50 cheques most months from ours ... :cool:

[Spokey]

Thats the worst thing you can do-

http://www.youtube.com/watch?v=Yn4XS-5iOl0&feature=rec-HM-exp_stronger_rev-rn

I agree - 9.27 of the worst thing you can do is watching that ....:)

[metalmonkey]

Thats the worst thing you can do-

http://www.youtube.com/watch?v=Yn4XS-5iOl0&feature=rec-HM-exp_stronger_rev-rn

Haha Techno forever!! (reading da commets on the page)

I'm gonna stick the limit in for tax year on one of my old ISA's then once thats done, I'll decide what I'll do next after...Long as its there, I can always take it out.

Are the bonds that good? Casue I can put something into them, maybe for a year or two...

[caz650s]

M&S paying 3.1% including 1% bonus until 21.04.10. No notice withdrawl ;)

About the best deal I could find

Thats who I thought was about the best at the mo !
Took ages for the transfer from my old provider to go through though as they are very busy !