Savings accounts

[Lee85 44]

I'm after opening a savings account that's free and I can pay money in untill next year and then take it all out in one go - is there such a thing nowadays, i've had look and theres loads of terms and conditions etc, anyone have any ideas? It's no good under the bed!

[scothunter 12,609]

post office account.think its 2weeks notice to draw all the cash out

[watchman 256]

I'm after opening a savings account that's free and I can pay money in untill next year and then take it all out in one go - is there such a thing nowadays, i've had look and theres loads of terms and conditions etc, anyone have any ideas? It's no good under the bed!

just send it to me mate il look after it for you and just give me a shout when you want it back,no worries and free lol

[Kay 3,709]

I bank with the Yorkshire bank & have a current account & savings account.. as i bank on line i can switch from one account to another in seconds

 

so i would advise you get a current & savings account & just do it online switching from one to the other

[nicola1804 114]

postoffice ns&i

[lurcio 0]

postoffice ns&i

Buy premium bonds, you can withdraw the money no problem if need be.

[John Keswick 119]

I bank with the Yorkshire bank & have a current account & savings account.. as i bank on line i can switch from one account to another in seconds

 

so i would advise you get a current & savings account & just do it online switching from one to the other

 

Kay, its always puzzled me how you pay in a cheque when you bank online! Do you have to scan the cheques then email the bank the image?

[Kay 3,709]

I bank with the Yorkshire bank & have a current account & savings account.. as i bank on line i can switch from one account to another in seconds

 

so i would advise you get a current & savings account & just do it online switching from one to the other

 

Kay, its always puzzled me how you pay in a cheque when you bank online! Do you have to scan the cheques then email the bank the image?

 

no one bothers with cheques these days do they

[dave1372 83]

Try this website, plenty of money saving tips, definitely worth signing up the weekly email :

 

 

moneysavingexpert

[Fat-Ferret 857]

If your looking for something short term, you cant beat the premium bonds...You can lift them at short notice, and theres a chance you could make a few £££ while its in there, Its risk free as well.

[dave1372 83]

If your looking for something short term, you cant beat the premium bonds...You can lift them at short notice, and theres a chance you could make a few £££ while its in there, Its risk free as well.

 

As a percentage return approx 3% is the interest equivalent, but may be more or less.

[Fat-Ferret 857]

If your looking for something short term, you cant beat the premium bonds...You can lift them at short notice, and theres a chance you could make a few £££ while its in there, Its risk free as well.

 

As a percentage return approx 3% is the interest equivalent, but may be more or less.

 

True, but then theres a chance of more, small but still a chance...It always beats it sitting in the bank anyway

[Guest chook]

Go for an instant access ISA - you can take the money out when ever you wish

you dont need to give 60 - 90 days notice, like you do with most

and theres no risk, you dont get taxed if you dont go over the 5 grand mark,

the 5 grand mark is only for putting in, dosent count the intrest,

intrest is only paid once a year though, in april.

Edited September 8, 2010 by chook