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Premium bonds
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Originally posted by AtW View PostYou don't know?
It's obvious what's wrong.
Can't you really see it???What happens in General, stays in General.You know what they say about assumptions!Comment
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Originally posted by MarillionFan View PostDo you want me to hold your hand? Why is 3% on £40k not £100 per month?
Too small amount of money in the first place?
Gaming the system and being proud of it?Comment
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Originally posted by AtW View Post45% tax?
Too small amount of money in the first place?
Gaming the system and being proud of it?
Gross vs Net. Premium bonds are tax free.
Blood from a stone.What happens in General, stays in General.You know what they say about assumptions!Comment
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Sorry for not replying sooner, I was busy sleeping.
I spread my savings, so some are in Premium Bonds and some are in savings accounts. My top earning savings account currently pays about £220 per month in interest. It's with Santander. I've no desire to go to a low interest account like the 123.…Maybe we ain’t that young anymoreComment
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If you really want high interest rates then you might need to consider Premium Bonds in Greece...Comment
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Santander 123
As someone who was significantly involved in the 123 account I can tell you that it is highly unlikely to be sustained. It was a high level gamble on rates increasing a lot sooner than today. whilst customers have been advised its for the lifetime of the account, when Santander float and are bought outright by a foreign bank, they will simply rename and adjust at their own leisure.
It is a great account but only while it lasts, the issue being that they have lured in a much larger portion than expected and are sitting on a mountain of deposits and not enough new home buyers to lend it too.Comment
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