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The mkiv Supra Owners Club

UK Savings Interest , best options??


Fifty

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Axa investment bond. Did me proud, easy in easy out.

 

You get free drop dead cover with it too. Nice company.

 

Hi Carl

 

can you post a link please seems to be a fair number of Axa things lol

 

Rich:d

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Can't see any savings account being of use right now...As Carl mentioned - fixed term bonds are probably best, but you can't touch the money till it's done...

 

True but tha e AA one mentioned allows closre/withdrawals with 90 day interest penalty which makes it different from the rest?

 

Rich

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isn't it sound advice to spread it around a little to hedge ones bets?

 

yes no one should put more than 50 K in one place just now - also need to be sure you put in accounts not owned by same bank.

 

Rich

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If you have 20,000 have you tried premium bonds. You are more likely to get a prize with the maximum amount.

 

We invested £10K in bonds and we got £50 every other month, you could get lucky!

 

yes have considered this, already have some, never win a bean lol

 

Rich

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Hey Rich,

 

Can't remeber exactly what it was called, but it was an investment bond.

 

The funds were invested partly in UK equites, Property, and a reserve account. Later I switched out of reserve and put it into the UK equities.There was a hold on the property account so that you could not withdraw.

 

Best thing I did was to speak to a financial advisor and get them to do it. I recommend you get proper professional advice.

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