Hi guys I have about 6000 pounds in my account, god knows where its all gone. I have it saved with Santander in Uk but they give hardly any interest on it. I still want to keep it as an account I can witdraw from with no risk but perhaps a higher interest...? Can anyone give me some advice

Interest rates are relative and currently they are all reatively low as the bank rate is only 0.5% in the UK.

For a start why not go to http://www.moneysupermarket.com/ - then click on Money and then Savings and you will be able to see the list of nearly all the available accounts including offshore accounts where interest is paid gross.

You can get between 2.6% and 3.0% with the UK banks in the Isle of Man, A & L etc.

You can get between 2.6% and 3.0% with the UK banks in the Isle of Man, A & L etc.

what maturities?

Bank of Ayudyah have just closed something that might pop again, keep your eyes peeled. It was 2.5% for 50,000bts plus for 9 months, I could not get cash in time to take up the offer. Interest rates are appauling at the moment. Skipton offered me 2.7% last summer for a 1 year bond, down from 3.7 the year before, just have to keep looking and be ready to strike if you see something good. I am just about to come to the end of the 3rd year of 4 with an Halifax Isa I bunged 14K away at 6.27 for 4 years, hoping that things will be picking up when I matures in 2012.

mmm cool guys.

Ill look at moneysupermarket and see what comes up.

If I put say 5000g for a year, how much roughly do you think Ill get back...? At the moment doesnt really seem worth it.

Anyway Ill keep looking :-)

You can get between 2.6% and 3.0% with the UK banks in the Isle of Man, A & L etc.

what maturities?

Instant for 2.75% although 50 days notice on the A&L 3% deal.

mmm cool guys.

Ill look at moneysupermarket and see what comes up.

If I put say 5000g for a year, how much roughly do you think Ill get back...? At the moment doesnt really seem worth it.

Anyway Ill keep looking :-)

5000g at 3% will earn you 150,000 over the course of a year. If however you drop the "g" you can expect to earn a whopping great 150!

INGdirect are giving 2.7%AER gross on their account....put in and take out when you want, interest paid monthly and rate is guaranteed till 09/04/2011.....Nationwide is giving a 1 year fixed tracker bond at 1.75%-2% above base rate....unless you want to tie in for 3-5 years you wont get better...use your ISA allowance at £5,100 cash a year...although a lot of ISAs are paying base rate or just above....just remember, rates can go up as quickly as they came down, and a few members of the BOE are already pushing for rate rises as inflation is taking hold...

mmm quite confused about that last posy, perhaps I wasnt clear,

I meant 5000 pounds, gbp,

mmm quite confused about that last posy, perhaps I wasnt clear,

I meant 5000 pounds, gbp,

Just came across an HSBC UK one year fixed rate at 3% (gross) onshore, 90 days loss of interest is you withdraw your money before the end of the one year term. Not a bad option if you want to hedge your bets that rates may rise in the next year and most observers are suggesting we'll see two rate increases (up to 1.0% base) by November 2011. You want get much better than 3% currently and James, that'll earn you £150 a year on your £5,000.