A astras Registered User Messages 59 26 Jan 2010 #1 Hi, I have around 12K in savings at the minute, most is tied up in a private Credit Union. Is it worth putting 2-3K in Anglo / investec for a year or two? I am not sure if it would be too small an amount or not?
Hi, I have around 12K in savings at the minute, most is tied up in a private Credit Union. Is it worth putting 2-3K in Anglo / investec for a year or two? I am not sure if it would be too small an amount or not?
L Lightning . Messages 5,382 26 Jan 2010 #2 Most CU's give a zero or close to zero return on your money. You are best off placing it elsewhere. Why not move the full 12K? Anglo will accept the above listed amounts, Investec have a minimum of 20K.
Most CU's give a zero or close to zero return on your money. You are best off placing it elsewhere. Why not move the full 12K? Anglo will accept the above listed amounts, Investec have a minimum of 20K.
T TSThomas Registered User Messages 212 26 Jan 2010 #3 Why not go with an on-demand access account? http://www.askaboutmoney.com/showthread.php?t=102329 3.75% available from both Irish Nationwide & Halifax (On up to 20K & 10K respectively). Instant access as well!
Why not go with an on-demand access account? http://www.askaboutmoney.com/showthread.php?t=102329 3.75% available from both Irish Nationwide & Halifax (On up to 20K & 10K respectively). Instant access as well!
S suzie Registered User Messages 495 27 Jan 2010 #4 Please note this rate is only guaranteed until 31 Dec 2010. S.
A astras Registered User Messages 59 27 Jan 2010 #5 And it would be safe with Anglo if I put it there? I think putting the whole 12K there might be the job really, earn a handy few hundred each year.
And it would be safe with Anglo if I put it there? I think putting the whole 12K there might be the job really, earn a handy few hundred each year.
L Lightning . Messages 5,382 27 Jan 2010 #6 suzie said: Please note this rate is only guaranteed until 31 Dec 2010 Click to expand... Which rate? Neither the INBS rate nor the Halifax rate is guaranteed until 31 Dec 2010. And it would be safe with Anglo if I put it there? I think putting the whole 12K there might be the job really, earn a handy few hundred each year. Click to expand... Your money is state guaranteed in Anglo. It is an easy way for a good return from a fixed term deposit rate.
suzie said: Please note this rate is only guaranteed until 31 Dec 2010 Click to expand... Which rate? Neither the INBS rate nor the Halifax rate is guaranteed until 31 Dec 2010. And it would be safe with Anglo if I put it there? I think putting the whole 12K there might be the job really, earn a handy few hundred each year. Click to expand... Your money is state guaranteed in Anglo. It is an easy way for a good return from a fixed term deposit rate.
A astras Registered User Messages 59 28 Jan 2010 #7 Great stuff, I think ill go put 12K in Anglo for a couple of years, see how it goes!! Cheers for the advice people!
Great stuff, I think ill go put 12K in Anglo for a couple of years, see how it goes!! Cheers for the advice people!