Holiday savings schemes?

Discussion in 'UK Community Board' started by minniemouseuk, Oct 23, 2009.

  1. minniemouseuk

    minniemouseuk Minnie Mouse wannabee

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    Hi,

    I'd like to save for future holidays, putting some by here and there!

    I'd like to put it somewhere where it can only be used for holidays. Are there any holiday companies that offer a savings scheme?

    Thanks
     
  2. emily1982

    emily1982 <font color=purple>Esteemed and very valued DIS Ve

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    I'm always alittle wary about money away with companies other than banks, just because when people go under you could lose it all. How about opening a bank account up which your not allowed to withdraw from like a bond. Thats how I've always saved.

    www.moneysavingexpert.com has good advice on accounts.
     
  3. minniemouseuk

    minniemouseuk Minnie Mouse wannabee

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    That's worth a look. Thanks, I'll try that :)
     
  4. emily1982

    emily1982 <font color=purple>Esteemed and very valued DIS Ve

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    ISA's are good aswell....tax free and your entitled to £3600 in an account per year.
     
  5. tennisfan

    tennisfan Was told off for sliding down the bannister at SL Moderator

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    In theory they are good but if you want to earn interest its hard to find one with a good rate!

    Mine currently is 0.1% hence why i'm no longer putting any in until I switch.

    Another good one could be a savings account that requires notice of withdrawal such as 30/60/90 days as this makes it harder to touch the money until needed.
     
  6. bazzanoid

    bazzanoid where'sthespacebar?

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    I have an online savings account with EGG, i just pay in by writing myself a cheque and sending it off, i find if i don't log in i don't want to transfer a little cash out to my current account to spend!
     

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