Mybestbuysavings how to get the best savings rates for expats
Everyone with savings has enjoyed a brief period of ‘some interest’ on their capital held in the banks of late. Expatriates with funds overseas, have seen very little if any due to the way that foreign banks do not pass down the interest rate hike to savings accounts. So, what about the future?
‘Experts are unanimous in their statements that interest rates will go down in 2024’.
Although millions of people have searched throughout the last year for better than bank rates, this is expected to increase back to the heady heights of the previous decade. Customers searching on Google for example with words like high yield savings account, top savings account or best savings bonds, have been finding very attractive alternatives to the banks. THG Capital’s 9% fixed rate Gold Bond has seen its biggest year yet in new money. It offers a risk mitigated, fixed rate Bond which is more than double the banks.
Andrew Fox, Senior Equity Partner of THG Capital, explains more:
“At THG Capital, we have seen a trend where more new clients have come onboard over the previous 12 months and also there has been a large increase in the amount, they are placing with us. Our average premium for clients has gone from £65,000 to over £90,000. Additionally, we have seen our biggest geographical regions, Spain, France and Thailand, surge in numbers.
Market research has shown that this is due international banks offering very little returns for savers. Expatriates also are moving money from their UK Banks as well, again due to top savings rates being offered by companies like THG Capital”
With interest rates on the brink of coming down, savers are increasing their search for a better home for their savings and short-term savings Bonds are very fashionable. THG Capital have stated clearly that even when the bank rates decrease, they will be keeping their rates at 9% p.a. on both their June and December maturity dates.
FAQs
How do I know I’m getting the best savings rates with THG Capital’s Gold Bonds?
THG Capital’s Gold Bonds are currently offering a fixed rate of 9%, which is double the top savings rates offered by high street banks.
I am a pensioner who can’t afford to lose any money; how do I know my money is safe in THG Gold Bonds?
THG Capitals Gold Bonds are designed for people like yourself who are looking for the best fixed rate bonds that have a mitigated risk yet deliver high returns. We are proud to say that since we launched in the 1990s, we have not lost one penny for any of our clients.
Are mybestbuysavings high yield savings accounts regulated by the FCA?
Mybestbuysavings has been trading as a global fixed interest broker for over 22 years. Although not required, all of our actions (including advertising) are disclosed to the UK Financial Conduct Authority (FCA) voluntarily, which provides invaluable advice on which we strictly adhere to.
Contact THG Capital today for more information www.thgcapitalsavings.com or +44 1243 767664.
