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  • FIRST POST
    • Lol239
    • By Lol239 13th Feb 18, 9:12 PM
    • 1Posts
    • 0Thanks
    Lol239
    Lump sum of money
    • #1
    • 13th Feb 18, 9:12 PM
    Lump sum of money 13th Feb 18 at 9:12 PM
    Hi there,

    Can someone please help me. I will shortly be receiving roughly £80 000. I do not want to use this money and at this moment I do not want to invest it either. I am just looking for the best bank account to put it in, with the best interest rates and be able to access it if necessary. The accessing bit can be in a couple years but not too long. Any help would be great as I do not know we here to start. Thank you.
Page 1
    • steampowered
    • By steampowered 13th Feb 18, 9:24 PM
    • 2,189 Posts
    • 2,069 Thanks
    steampowered
    • #2
    • 13th Feb 18, 9:24 PM
    • #2
    • 13th Feb 18, 9:24 PM
    Have a read of https://www.moneysavingexpert.com/savings/savings-accounts-best-interest, that should point you in the right direction.
    • xylophone
    • By xylophone 13th Feb 18, 9:42 PM
    • 24,560 Posts
    • 14,404 Thanks
    xylophone
    • #3
    • 13th Feb 18, 9:42 PM
    • #3
    • 13th Feb 18, 9:42 PM
    http://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html
    • Freddie Allen
    • By Freddie Allen 14th Feb 18, 10:35 AM
    • 18 Posts
    • 2 Thanks
    Freddie Allen
    • #4
    • 14th Feb 18, 10:35 AM
    • #4
    • 14th Feb 18, 10:35 AM
    You have not mentioned that you would be comfortable with FD or just want to invest in savings deposit account as the rate of interest differs. I have a saving account of mine in Synchrony Bank which avails 2.35% APY at minimum deposit of $2,000.
    HNY
    • HappyHarry
    • By HappyHarry 14th Feb 18, 10:44 AM
    • 551 Posts
    • 816 Thanks
    HappyHarry
    • #5
    • 14th Feb 18, 10:44 AM
    • #5
    • 14th Feb 18, 10:44 AM
    You have not mentioned that you would be comfortable with FD or just want to invest in savings deposit account as the rate of interest differs. I have a saving account of mine in Synchrony Bank which avails 2.35% APY at minimum deposit of $2,000.
    Originally posted by Freddie Allen
    Freddie, as mentioned before, this is a UK forum and so USA savings accounts aren't likely to help the OP.
    I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.
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