My daughter has worked at McDonald’s through her uni degree ZHC and has worked her way up to Shift Manager (highest non salaried position) the flexibility it provides her has been invaluable.
“Tied to” doesn’t mean equal to. It happened a month ago. The new deal is that their rate will always be 1.15% below the BoE. Which means it is still at 4.1% for now.
Make sure you choose the fixed rate regular savers as some are variable.. First Direct (7% max. £300 p/m) & Lloyds (6.25% max. £400 p/m) are both fixed so I use those.. Check out T&Cs though as there are a few hoops to jump through..
I’ve recently opened a easy access cash Isa with Zopa only takes minutes.. (withdrawals any time no penalty) you can open now deposit £20k and if you want to and have the funds deposit another £20k after the 5th. You will receive interest on total amount rate is currently 5.08% variable so can go up or down (more likely to go down in coming months) Total interest on £40k over 12 months based on current IR would be £2032 and in a normal savings account £1032 of that would be subject to tax but in an Isa it’s all tax free.
I’m a beginner myself so please don’t take this as investment advice (wait for the clever folk on here 😊) but I have just opened an account with Trading 212 and they have a handy tool called “pies”. Basically you choose your investments (I’ve actually gone with the bottom two on your list) and then it merges them together in a “pie” you can then set up recurring card payments (Apple Pay also) and you can schedule your payments (weekly, monthly etc) and auto invest. When setting up your “pie” you can choose the ratio of deposit to go in each (I’ve just gone 50/50) there are no fees until you have above £2k at which point they charge 0.7%. There are no charges if you go above £2k but are happy to do manual bank transfer rather than card payments but there’s no facility to do recurring payments using that method.
My daughter has worked at McDonald’s through her uni degree ZHC and has worked her way up to Shift Manager (highest non salaried position) the flexibility it provides her has been invaluable.
“Tied to” doesn’t mean equal to. It happened a month ago. The new deal is that their rate will always be 1.15% below the BoE. Which means it is still at 4.1% for now.
Chase has issued a new savings account with a 1% boost (so 5.1%) which runs until 4 November..
I use Monzo and Chase.
Chase have recently issued a new savings account paying 5.1% (variable/tracker) up until 4 November..
Make sure you choose the fixed rate regular savers as some are variable.. First Direct (7% max. £300 p/m) & Lloyds (6.25% max. £400 p/m) are both fixed so I use those.. Check out T&Cs though as there are a few hoops to jump through..
Thanks, can you take your money out if needed? Any tips on this? How much interest can you earn on the full £20k?
I’ve recently opened a easy access cash Isa with Zopa only takes minutes.. (withdrawals any time no penalty) you can open now deposit £20k and if you want to and have the funds deposit another £20k after the 5th. You will receive interest on total amount rate is currently 5.08% variable so can go up or down (more likely to go down in coming months) Total interest on £40k over 12 months based on current IR would be £2032 and in a normal savings account £1032 of that would be subject to tax but in an Isa it’s all tax free.
Ask your family who did it
Only me and Mrs live here and she’s wheelchair bound so can’t reach that high
Could be a clear plastic protection film needs to be removed.
Already removed
I’m a beginner myself so please don’t take this as investment advice (wait for the clever folk on here 😊) but I have just opened an account with Trading 212 and they have a handy tool called “pies”. Basically you choose your investments (I’ve actually gone with the bottom two on your list) and then it merges them together in a “pie” you can then set up recurring card payments (Apple Pay also) and you can schedule your payments (weekly, monthly etc) and auto invest. When setting up your “pie” you can choose the ratio of deposit to go in each (I’ve just gone 50/50) there are no fees until you have above £2k at which point they charge 0.7%. There are no charges if you go above £2k but are happy to do manual bank transfer rather than card payments but there’s no facility to do recurring payments using that method.