Reply to: Premium bonds

[jamespoole]

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.

[AtW]

If you really want high interest rates then you might need to consider Premium Bonds in Greece...

[WTFH]

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.

[MarillionFan]

45% tax?

Too small amount of money in the first place?

Gaming the system and being proud of it?

Well done. No 1

Gross vs Net. Premium bonds are tax free.

Blood from a stone.

[AtW]

Do you want me to hold your hand? Why is 3% on £40k not £100 per month?

45% tax?

Too small amount of money in the first place?

Gaming the system and being proud of it?

[MarillionFan]

You don't know?

It's obvious what's wrong.

Can't you really see it???

Do you want me to hold your hand? Why is 3% on £40k not £100 per month?

[AtW]

Come on sweetheart, why are my numbers not right?

I'll give you a hint:

£40k

[AtW]

Come on sweetheart, why are my numbers not right?

You don't know?

It's obvious what's wrong.

Can't you really see it???

[MarillionFan]

Why won't you two meet up at one location, which is just off the M4? The last man standing will continue to post tulip on here

Come on sweetheart, why are my numbers not right?

[AtW]

Why won't you two meet up at one location, which is just off the M4? The last man standing will continue to post tulip on here

[MarillionFan]

Mate, I don't have time to spot every single error you make. At some point in your life you're going to have to start doing things right rather than making errors everywhere, otherwise if you make it to my age no one will believe a word you say.

Love it. I have purposely left a mistake in the post. So glaring to anyone with any idea of investing or interest it would scream at them. Proves you no jack.

[WTFH]

You've still not spotted the glaring error in my post have you. God, today's youth worries me.

Mate, I don't have time to spot every single error you make. At some point in your life you're going to have to start doing things right rather than making errors everywhere, otherwise if you make it to my age no one will believe a word you say.

[AtW]

Or you? What is wrong with the numbers I put?

Nothing Walter.

[MarillionFan]

Or you? What is wrong with the numbers I put?

[AtW]