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Best short term investment??Help needed?
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alirob12
Old 29-05-2007, 8:14 AM
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Talking Best short term investment??Help needed?

Hi, I am borrowing 1bout 15k on my CCs, with 0% interest, I can pay off 700/month, but shall I pay minimum every month - about 100 and put 600away in a high interest account? I would put it away every month for about 2 years? I already have an ISA, so whic should be best? what highest interest accounts are there available, and how much can of extra interest can I get?
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debbie42
Old 29-05-2007, 1:14 PM
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If it's 0% interest on the cc, you may as well invest it to get some returns, as long as you can be strict with your finances!
There's a "stooze" board on here with info on this.
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alirob12
Old 29-05-2007, 1:36 PM
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hi yes it will be on 0%, and I have been stoozing for a while, my question is where to put 600 rather than just pay the CCs off, I may as well put in somewhere to get that extra little bit?
Thanks
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tom188
Old 29-05-2007, 1:40 PM
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IceSave? ICICI HiSave? a combination of regular savers eg Yorkshire Building Society RS + others? all high paying accounts.

If you early repayment is likely/possibly required go with one of the first 2, otherwise the 3rd will pay better but with less flexibility.
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