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  • FIRST POST
    • alirob12
    • By alirob12 29th May 07, 8:14 AM
    • 792Posts
    • 31Thanks
    alirob12
    Best short term investment??Help needed?
    • #1
    • 29th May 07, 8:14 AM
    Best short term investment??Help needed? 29th May 07 at 8:14 AM
    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?
Page 1
  • debbie42
    • #2
    • 29th May 07, 1:14 PM
    • #2
    • 29th May 07, 1:14 PM
    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.
    Debbie
    • alirob12
    • By alirob12 29th May 07, 1:36 PM
    • 792 Posts
    • 31 Thanks
    alirob12
    • #3
    • 29th May 07, 1:36 PM
    • #3
    • 29th May 07, 1:36 PM
    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
  • tom188
    • #4
    • 29th May 07, 1:40 PM
    • #4
    • 29th May 07, 1:40 PM
    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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