macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on May 11, 2023 14:52:51 GMT
Best rates 11may2023.
19apr2023. mar2022->mar2023. CPIH=8.9% (down 0.3%), CPI=10.1% (down 0.3%). Next release 24may2023.
11may2023. BoE base rate=4.5% (up 0.25%). Next meeting 22jun2023.
AER = Annual Effective Rate. Min. Deposit <=10k. Max Deposit >=85k. Online or App.
Type | AER Standard %
| * AER Standard % via Raisin
| AER Sharia %
| AER Sharia % via Raisin *
| easy access (unlimited)
| chip 3.71%
|
|
|
| notice (<=90 days)
| oxbury 4.01%
|
| |
| notice (<=180 days)
| oxbury 4.15%
|
|
|
| 6 month
| allica 4.21%
| |
|
| 9 month
| hampshire trust 4.35%
| isbank 4.5%
|
|
| 1 year
| hampshire trust 4.91%
|
| |
| 2 year
| df capital 4.95%
|
|
|
| 3 year
| df capital 4.95%
| isbank 4.95% |
|
| 5 year
| united trust 4.9%
| isbank 4.95% | |
| easy access ISA (flexible + unlimited)
| principality BS 3.3%
|
|
|
| 1 year ISA
| leeds BS, charter savings 4.25%
|
|
|
| 2 year ISA
| newcastle BS 4.4%
| |
|
| 3 year ISA
| virgin money 4.37%
| |
| | 5 year ISA
| west brom BS, principality BS 4.05%
| | |
|
* If a new raisin customer - possible cashback
** existing customer only.
Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
couple of better rates on HL active savings if your with them for short terms fixes - 6 months 4.35% & 9 month 4.47%
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on May 11, 2023 13:21:51 GMT
I can't say whether its advantageous or not as each case is different but i think its fair to say that its many levels below p2p in risk (i guess there must always be some risk even if it feels like its virtually zero just because its invested & not cash in a bank/BS) Rates on funds over the last few years have been minimal but Something like the Royal London short term money fund is earning close to or equivalent of the SONIA rate @ 4.18% before any fee's/charges for pretty much instant access.There is also a current thread on the MSE forum discussing the pro's & cons of MM funds plus the fund from Vanguard etc and also the ERNS etf among others How do you know the fund is going to return 4.18% ? It aims to outperform the SONIA rate. Do you just have to wait and see what your interest payment is ?
HL is paying around 2.6% on SIPP drawdown cash which is poor but generous for them.
Kinda my bad as i assumed from what i had read on what i think was the Monevator site (rather then checking the fact sheet!) that it would be hitting around the SONIA rate but it was mentioned that not all MMF are built quite the same so it would always be worth checking back over a few years.With rates changing rapidly over the last year it seems the yield information is not keeping up on some sites so i would still use the SONIA rate myself.But did notice last night that the last post on the MSE form on this subject was saying their latest monthly dividend on their Vanguard fund had paid 4.23%.I guess you can always check the daily raise on the fund via HL or AJ Bell etc to work it out (but not after the weekend or bank holiday when the extra days bump that movement more)
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on May 10, 2023 21:42:43 GMT
So are we saying that money markets(perhaps in a Sipp)may be more advantageous and potentially less risky than P2P? Some interesting posts btw. I can't say whether its advantageous or not as each case is different but i think its fair to say that its many levels below p2p in risk (i guess there must always be some risk even if it feels like its virtually zero just because its invested & not cash in a bank/BS) Rates on funds over the last few years have been minimal but Something like the Royal London short term money fund is earning close to or equivalent of the SONIA rate @ 4.18% before any fee's/charges for pretty much instant access.There is also a current thread on the MSE forum discussing the pro's & cons of MM funds plus the fund from Vanguard etc and also the ERNS etf among others
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on May 3, 2023 15:49:28 GMT
Hopefully its just a case of that new position at the CBI that just became available was too good an opportunity to pass up
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Apr 26, 2023 18:27:45 GMT
df thanks for the prompt reply, appreciated - rates for Investec and smartsave sites are 4.6 and 4.66 for one year, so may be loyalty bonuses for you? Anyway the quoted rates are good for me just wanted to make sure I was not missing anything. Thanks P If you missed out HL active savings still have 4.7% on One year
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Apr 26, 2023 18:23:21 GMT
Coventry BS have a number of limited access accounts with a restriction to a fixed number of withdrawals "a year". Now I can think of at least 4 different periods that "a year" could mean, so I rang them to ask but found I was 64th in the queue! needless to say I did not wait. Does anyone know the answer? Have the online version with HL and a year is from the opening date so would guess each issue is the same (a quick check and issue 8 is the same at the moment)
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Apr 19, 2023 8:55:06 GMT
Some lenders - given the lack of repayments from the company - might be surprised to see that it is shown as the promoter of the 2023 Be**ys Tennis event: The most coveted Tennis Event in Yorkshire. Corporate Hospitality, networking and socialising at it's best. 22 - 23 June 2023 £350 + VAT a head I wonder if ablrate is having a table this year? Not sure if there is a non-surprised emoji as i would have used a few - but by all the apparent links between the loans i see it as cross promotion at best (or as they are called on someones homepage, investments and Abl is also listed as such?)
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Mar 16, 2023 19:28:32 GMT
while it may have been a poor deal over the last few years starting to wonder if you can get it with low platform fees whether something like the Royal London short term money market following the SONIA rate of 3.93% last time i looked might compere to easy access or short notice accounts (but obviously with slight risk) and reacts to market rises quicker from what i have read
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Mar 8, 2023 16:42:35 GMT
Brings back memories - about 35 year back i worked just down the road from that site in Duck Lees Lane Brimsdown where they had what i guess was their first Bakery in Enfield?It was next to the Granville pub always a good combination for putting on weight after the early shift but the best bit was sometimes when they had overs or a batch they could not sell they would send over freebies (guess that would not be allowed now) I think we had One guy set the world record for eating custard tarts in an hour after we got a trolley load My Dad worked for over 52 years in the Thorn Ediswan building ...even I did a stint there . Ah ,what memories . Remember the police chasing the gypies' ponies up and down Duck Lees Lane? Every year! Someone is trying to gather memories from people who workes in Brimsdown for an oral history...I'm sure they would like to hear from you . Message me if you would like details . 52 years in One place is a heck of a stint - Didn't work much in Brimsdown only a couple of years but ironically only because my firm moved there from the A10 from just over the road to Thorn lighting (always remember it for the smell of Pear drops?).
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Mar 8, 2023 13:21:54 GMT
Am I just tight or is this extortionate? Works canteen. 1 filling. Sauce extra! www.greggs.co.uk/news/grab-yourself-a-tasty-dealThe Enfield Preservation Society (my old home town ) was offering guided tours around the Greggs Bakery in Millmarsh Lane for £10.00 per head .I thought that was extortionate too, except the money was going to the charity . I have a vicarious fascination for Greggs in the the southbound service area on the A449 @monmouth and can sometimes be found there, looking at stuff, @ about 06.00hrs . Brings back memories - about 35 year back i worked just down the road from that site in Duck Lees Lane Brimsdown where they had what i guess was their first Bakery in Enfield?It was next to the Granville pub always a good combination for putting on weight after the early shift but the best bit was sometimes when they had overs or a batch they could not sell they would send over freebies (guess that would not be allowed now) I think we had One guy set the world record for eating custard tarts in an hour after we got a trolley load
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Feb 27, 2023 22:02:40 GMT
Looks as if Zopa & AJBell are in some sort of partnership as I've received an email from AJB but with Zopa in the subject line, anyone else?
Somewhat sus as one of the first things it says is, click this link to make a password ...
Not with them so worth a search but pretty sure i read that Zopa are closing their IFISA and transferring to AJ Bell if you don't move funds yourself by a set date?
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Feb 2, 2023 23:12:09 GMT
Vanguard are paying roughly 3.6% on uninvested cash. They pay BoE base rate - 0.25% (so 3.75%) then there's an account free of 0.15% (Limited to £375). They also take up to 0.2% of the interest paid (not 0.2% of your cash, so has a miniscule effect). The interest is paid monthly, so can be further compounded. So, it's essentially a nearly 3.6% instant access account. Also applies to their ISA.
This somehow led me to check Hargreaves interest rates, I didn't even realise they were paying interest on cash deposits for accounts, it is now 2.0%. The active savings product still isn't available for ISAs and SIPPs despite their rhetoric since the launch.
It looks like their average rate tracks 1.5% below the BoE rate, nice little earner that one which explains the previous sentence. base rate on 04/08/2022 = 1.75%, HL rate = 0.25%
HL do have an Active savings product ISA with Coventry BS paying 2.41% if you want to go that route.Also was reading a thread on MSE forum tonight about Vanguards rate and there was a link to HL and it would seem they have different rates per products and all have 4 tiers.The 2% you mention is on the S&S ISA account but a SIPP could earn 2.3%/2,4% but only for £100,000 plus as most products start @ £1 to 10,000 at 1%
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Jan 24, 2023 15:35:29 GMT
not read the link (but will later) but ISA's are still more of a help to lower to middle earners or retired so the idea to tax them or set a limit seems a backward step as the so called HNW investors will still use off shore or other schemes to get round the system but the people who PEP's and then ISAs were invented for will be hit again.The idea of a limit and then taxing on the rest seems to miss the point that the people who are saving are probably not a drain on the system in the first place but instead saving to fund later life or give to children etc So via products,property,care homes etc the money will still end up back in the system and probably taxed at that point as well
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Jan 2, 2023 13:31:24 GMT
That's Decembers numbers according to the link so hopefully your bonds are still in with a chance in a couple of days That was just me being lazy. Just Googled 'premium bond winners jan 23' and hit the high value winners button (without noticing it was Dec).
So I've still got a chance of a big win for January.
Hopefully only a 50% chance as i have my eye on the other top prize
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Jan 2, 2023 11:33:12 GMT
Just looking at the list of big winners for January, the list appears to be a lot longer than normal (reflecting the increase in large peizes). My bond number not among them (as usual).
That's Decembers numbers according to the link so hopefully your bonds are still in with a chance in a couple of days
|
|