where to put money?

[timwilky]

there is about 5 grand in my new bike fund. But it is in the joint building society account that pays poo interest and I know the wife is getting into spending mode. she wants a new bedroom.

Where should I transfer the bike fund?

Decent interest, but easy access (for me). anyone recommend a safe home whilst the fund incubates to become a nice new bike. And no Davepreston you cannot put it under your bed

[fastdruid]

If you have a natwest account they do an e-savings account that offers a decent rate of interest, no cards or any way to 'access' it apart from being able to instantly transfer to your normal account.

Its where I have my current going to pay for stamp duty fund (*sob* do you know how nice a bike that would buy?).

Druid

[anna]

Please make all cheques payable to MEEEEEEEE!!!

Sorry not really helping, last I knew anything about these matters tesco were offering some good deals.

Aprilia showroom, they keep it safe in exchange for a nice bike?

[fastdruid]

Originally Posted by 454697819

Aprilia showroom, they keep it safe in exchange for a nice bike?

They branching out into selling other makes then?

Druid

Originally Posted by fastdruid

They branching out into selling other makes then?

Druid

no, but suggesting he went to suzuki or Honda or kawasaki and exchanged his cash for a ****e bike wouldn't be very nice

Originally Posted by fastdruid

If you have a natwest account they do an e-savings account that offers a decent rate of interest, no cards or any way to 'access' it apart from being able to instantly transfer to your normal account.

Its where I have my current going to pay for stamp duty fund (*sob* do you know how nice a bike that would buy?).

Druid

The e-savings are only good if you applied for the account over a year ago and got the fixed 3% or 4% interest rate. If you apply now the net interest rate is something like 0.8%...not a good earner!

[fastdruid]

Originally Posted by TazDaz

The e-savings are only good if you applied for the account over a year ago and got the fixed 3% or 4% interest rate. If you apply now the net interest rate is something like 0.8%...not a good earner!

Ah, I got it when it was a decent rate and actually get some interest from it (a bit better than the 0.01p I get on my current account )

0.8% is pants.

Druid

Originally Posted by fastdruid

Ah, I got it when it was a decent rate and actually get some interest from it (a bit better than the 0.01p I get on my current account )

0.8% is pants.

Druid

Yeah - I got the good rate too, just got no money to put in it!

As for where to put your money, how about get the thrill of your life and buy thousands of lottery tickets!?!?

My money is in a Maltese bank, because I get a much better interest rate and the rent I charge on my flat over there is in Euros, so it's easier and cheaper to keep it in Euros and have my tenants transfer it straight into my savings account there. Rather than pay bank transfer fees I simply give my family a wad to bank on my behalf when they pop over to visit rellies, or I do it myself when I'm there.

Transfer/currency exchange fees are extortionate between my current account over here and the Maltese savings account. It is so much cheaper to take a wad of UK banknotes into the bank over there and deposit it into the Maltese account. At one point it was cheaper to buy a plane ticket and take a day out of my life to fly over and do this for as little as 1500 quid being deposited.