You are reading a single comment by @frankenbike and its replies. Click here to read the full conversation.
  • It's 1.4% on premium bonds. you don't get anything until they've been in for a full month, so if you buy them today it'll be 2 August before any interest is paid out. Then you've got a few days' wait before you can withdraw.

    Wouldn't bother personally - I'll be withdrawing mine this month. Used to be alright when the rate was higher than savings but that's not the case any more as a normal Chase savings account will give you 1.5% easy access. Here's my referral spam - they're closing referrals tomorrow at 11.59 so don't hang about https://link.go.chase/emNK/refer?code=BCkjd8YB can always move it back into PBs later although you do miss out with that one month waiting period

    But I would probably stick £10k Vanguard All World if I didn't have any short term plans given inflation rates at the moment

  • Used to be alright when the rate was higher than savings but that's not the case any more as a normal Chase savings account will give you 1.5% easy access

    As I said upthread the tax position is different so net net it may still be better to be in PBs.

About

Avatar for frankenbike @frankenbike started