Aldermore Easy Access - drops from 1.10% to 0.85% from September

[PerfectStorm]

Any better out there?

[eek]

I'm starting to think that Zopa may be just about the only interesting earning option available.

[The Spartan]

I'm starting to think that Zopa may be just about the only interesting earning option available.

I'm leaning towards that option too, apparently MF has used it for some time including the most riskiest option.

[ChrisFromGreece]

For P2P lending, I am using SavingStream

Been using it for almost 2 years with no issues whatsoever

[jamesbrown]

Any better out there?

Marginally so, if you don't mind squirreling it away with a notice period. Cambridge and Counties are offering 1.1% on 30 days IIRC, and this is post the BoE rate cut, so static for a while (it was recently 1.3% on 45 days). They're no frills, but good IMO.

Other than that, not really. Depending on the amounts and the nature of the investment, you need to keep one eye on avoiding YourCo being classed as a Close Investment Holding Company.

[PerfectStorm]

I'm starting to think that Zopa may be just about the only interesting earning option available.

But you take a 7% hit on the money as so as it comes out of your company - or worse. So you're better off putting it in something high yield like a house, or using business savings surely?

[mudskipper]

Cambridge and counties have just reduced their rates too.

[TheGreenBastard]

For P2P lending, I am using SavingStream

Been using it for almost 2 years with no issues whatsoever

Same here, so far so good - some wobbles, all in all pretty decent.

[TheGreenBastard]

But you take a 7% hit on the money as so as it comes out of your company - or worse. So you're better off putting it in something high yield like a house, or using business savings surely?

I know that Saving Stream allows company accounts; ergo the money is still in the company. Putting the money in houses via a SPV is probably not a bad idea either tho.

[ChrisFromGreece]

Same here, so far so good - some wobbles, all in all pretty decent.

And it's 12%/year, so for the risk I think it's quite a good rate!