General Car Related Discussion. To discuss anything that is related to cars and automotive technology that doesnt naturally fit into another forum catagory.

Anyone know anything about Savings Accounts?

Thread Tools
 
Search this Thread
 
Old Sep 16, 2004 | 09:00 AM
  #1  
SapphyMike's Avatar
SapphyMike
Thread Starter
PassionFord Post Whore!!
 
Joined: May 2003
Posts: 9,156
Likes: 0
From: Sheffield
Default Anyone know anything about Savings Accounts?

I'm after some advice on none isa accounts, which is a good saving account to get? is the ING the best? is it better than an ISA?
Reply
Old Sep 16, 2004 | 12:56 PM
  #2  
Doh's Avatar
Doh
Too many posts.. I need a life!!
 
Joined: May 2003
Posts: 835
Likes: 0
From: Leicester
Default

not better than an ISA because you have to pay tax

ING are certainly one of the best instant access accounts at the mo, A&L will give you a slightly better rate but interest is paid yearly rather than monthly...
Reply
Old Sep 16, 2004 | 01:00 PM
  #3  
gurnE's Avatar
gurnE
PassionFord Post Whore!!
 
Joined: May 2003
Posts: 6,478
Likes: 0
From: Bristol
Default

ISA is tax free, ING is not

You can contribute up to 3k into a Cash ISA in the current tax year provided you don't have

A. Another cash ISA with another provider

B. A Maxi ISA

You can put up to 7k into an ISA tax free if you use the other element available

Stocks and shares (risky)

Life assurance (Not risky, but steady (read slow ) investment growth

Plenty of tax efficient National Savings products to consider as well
Reply
Old Sep 16, 2004 | 03:16 PM
  #4  
MadMac's Avatar
MadMac
15K+ Super Poster!!
 
Joined: Apr 2004
Posts: 16,505
Likes: 1
From: Croydon
Default

go on to www.cahoot.co.uk

and do a serch on savings. You will find some isas there that will give you loads more than the high street one.
Reply
Old Sep 16, 2004 | 03:23 PM
  #5  
Doh's Avatar
Doh
Too many posts.. I need a life!!
 
Joined: May 2003
Posts: 835
Likes: 0
From: Leicester
Default

the best savings account you can have is an offset mortgage, whether the mortgage part works out better or not will depend on how much savings you have..
Reply
Old Sep 16, 2004 | 03:24 PM
  #6  
cossiecrew's Avatar
cossiecrew
PassionFord Post Whore!!
 
Joined: May 2004
Posts: 9,814
Likes: 0
From: your mums bed
Default

isa all day long
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
tankybaby66
Cars for Sale
49
Feb 6, 2016 02:24 PM
nickscunny
Pictures, video & Photoshop Forum
12
Oct 4, 2015 04:24 PM
IainRS1700T
Cars for Sale
9
Sep 25, 2015 06:44 AM
dombanks
Technical help Q & A
3
Sep 21, 2015 08:38 PM




All times are GMT. The time now is 08:19 PM.