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Savings
As we all know,the interest rates on savings in Uk are dire....mine has now dropped to 1% :eek:
EVERY option I look into demands that I am a UK resident,which I'm not...obviously.Even totally internet based accounts demand this. Anyone got any ideas? |
Re: Savings
Originally Posted by Cleri
(Post 7263008)
As we all know,the interest rates on savings in Uk are dire....mine has now dropped to 1% :eek:
EVERY option I look into demands that I am a UK resident,which I'm not...obviously.Even totally internet based accounts demand this. Anyone got any ideas? have you tried the Portuguese banks or other financial institutions? I have no idea if there are such things as ISAs or whatever the latest version is called. A friend has suggested to me that I buy as many Savings Bonds as I can. The reasoning is that, although you don't get interest, if you have the maximum amount you can count on regular wins with Ernie. |
Re: Savings
Originally Posted by TaviraTrog
(Post 7263086)
I don't want to be teaching my granny to suck eggs but...
have you tried the Portuguese banks or other financial institutions? I have no idea if there are such things as ISAs or whatever the latest version is called. A friend has suggested to me that I buy as many Savings Bonds as I can. The reasoning is that, although you don't get interest, if you have the maximum amount you can count on regular wins with Ernie. Do you mean Premium Bonds?...do you think that's a good option? |
Re: Savings
Originally Posted by Cleri
(Post 7263103)
I must admit,I've only tried my bank,and the rates were so dire,it put me off looking at others.
Do you mean Premium Bonds?...do you think that's a good option? |
Re: Savings
Originally Posted by Cleri
(Post 7263103)
I must admit,I've only tried my bank,and the rates were so dire,it put me off looking at others.
Do you mean Premium Bonds?...do you think that's a good option? |
Re: Savings
Originally Posted by Hettyb
(Post 7263139)
My very money astute neighbour certainly invests a largish amount in Premium Bonds and gets regular winnings.
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Re: Savings
Premium bonds have just slashed their prize money due to the credit crunch, my wife and I have the full amount that you can get but she has hardly won anything for months.
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Re: Savings
Originally Posted by CHOPPER
(Post 7263148)
Premium bonds have just slashed their prize money due to the credit crunch, my wife and I have the full amount that you can get but she has hardly won anything for months.
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Re: Savings
Originally Posted by Cleri
(Post 7263008)
As we all know,the interest rates on savings in Uk are dire....mine has now dropped to 1% :eek:
EVERY option I look into demands that I am a UK resident,which I'm not...obviously.Even totally internet based accounts demand this. Anyone got any ideas? :huh: |
Re: Savings
Originally Posted by Supremegermalene
(Post 7263567)
Lie?
:huh: |
Re: Savings
You can put your millions in my account if you like. I keep getting Nigerians trying to!!!:rofl:
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Re: Savings
Originally Posted by Cleri
(Post 7263103)
I must admit,I've only tried my bank,and the rates were so dire,it put me off looking at others.
Do you mean Premium Bonds?...do you think that's a good option? but it is a gamble:unsure: |
Re: Savings
Hi Cleri. Go to MoneySavingExpert.com.this site is claiming it can get you up to 6% interest. At least you can email them and get personal advice taking into consideration your expat status. DeeCee
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Re: Savings
I have found that Millennium bank have some reasonable saving deals, a lot better than UK. Up to 6% on a 90 day rollover if you leave it in for 11 periods. Look at their site http://www.millenniumbcp.pt/ it is available in English, you might find this useful.
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Re: Savings
Originally Posted by mshlgw
(Post 7263590)
You can put your millions in my account if you like. I keep getting Nigerians trying to!!!:rofl:
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