Originally posted by TheFaQQer
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Reply to: Saving's account question
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Previously on "Saving's account question"
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Originally posted by TheFaQQer View PostThere's a spreadsheet of the web? It must be huge.
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From those numbers. Stick with the savings account. Transfer to isa later.
from your circumstances. Have no clue.
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Remember you might have things to consider we don't know about like buying the house which will make a difference and so on.
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Why not spend 5 minutes and download a spresdsheet of the web and run the numbers through it?
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Saving's account question
I have a savings account that I must pay between 25-250 per month to qualify for an AER of 4% / 3.2% after tax (it matures after 12 months max). The account reverts to 0.05% if I end before 12 months.
http://www.hsbc.co.uk/1/2/savings-ac...vings-accounts
I also have a UK ISA that pays 2.33% AER variable (2.59% tax-free variable).
http://www.nationwide.co.uk/products...s-and-benefits
My question is - should I stop the regular saver account and direct all money the the ISA (I'd drop back to the 0.05% rate)
or
continue with the 250 into my regular saver and when it matures in February, put the money into my ISA?Tags: None
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