You are being mugged ! . . 6% /8% ? . . When Inflation is nearer 10 %p.a. . . These are 'Losings' accounts . . . What a joke ---- If you'd purchased Gold just 10-years ago, its monetary 'Worth' today (purchasing power) vs. Sterling would have given you a 160% increase in value (i.e. mirroring a 160% depreciation in the worth of Sterling, and your bank savings of course)! . . . Gold purchased just One year ago would have seen your 'interest' today at over 30%p.a. . . And of course, with it stored under your bed - you have access to it 24/7 . . NO interest rate 'Penalty' for withdrawals . .
The latest reported rate of inflation in the UK is 2.6%. The interest rates of all of these accounts far exceed that. This video is aimed at those who like to save their money in bank accounts and are looking for high interest savings accounts.
Great video! Looking forward to seeing some more!
Thank you! I’m glad you enjoyed it.
I am so scared of being scammed I only open an account in a local bank on high street. I know I am losing out but I do sleep better.
Same here cant afford to lose my hard earned to some foreign chancers
After your restful 'sleep' . . I do hope you wake up ! 😂
Nice and clear. Keep up the hard work
Thank you, Alison! I’m glad it was helpful.
Hi have you heard of vida savings or do you know anything about them thanks
Could you please do a video of the best Junior Stocks and Shares ISAs, thanks.
Thanks for commenting! Yes, I can do that.
I managed to get 10% on a regular saver with Virgin money some time ago , don't think that will be beaten.
That was a great offer.
Isn’t Virgin now owned by Nationwide?
@@tonybeck7399 Yes they did merge recently
Can a USA person open an account in UK ?
I just wwaznt to put some money in lump sum and get s good interest .alll this pit 200 a month in is noncence
You can deposit a lump sum into any of these savings accounts, except for the regular savers.
Yorkshire Building Society regular saver 6% fixed 6 withdrawal a year you must put something each month as little as £1
That sounds good. Thanks for the info!
@FranMariee it's the one we started this year as the banks shut down. we opened accounts for our grandchildren as well
@@FranMariee Just went to there website, and I couldn't find it😔 could you please add the direct web link, cheers
Can you save in all of them at the same time?
Yes, you could do.
Hiya When is the next Bank of England meetin?
Hi Mark, it’s on the 6th February.
I would never trust a bank that has no number to call you can only speak to a bot,read the reviews of what some had to say
You are being mugged ! . . 6% /8% ? . . When Inflation is nearer 10 %p.a. . . These are 'Losings' accounts . . . What a joke ----
If you'd purchased Gold just 10-years ago, its monetary 'Worth' today (purchasing power) vs. Sterling would have given you a 160% increase in value (i.e. mirroring a 160% depreciation in the worth of Sterling, and your bank savings of course)! . . . Gold purchased just One year ago would have seen your 'interest' today at over 30%p.a. . . And of course, with it stored under your bed - you have access to it 24/7 . . NO interest rate 'Penalty' for withdrawals . .
The latest reported rate of inflation in the UK is 2.6%. The interest rates of all of these accounts far exceed that. This video is aimed at those who like to save their money in bank accounts and are looking for high interest savings accounts.