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  • FIRST POST
    • kingrulzuk
    • By kingrulzuk 17th Mar 17, 10:36 AM
    • 1,256Posts
    • 570Thanks
    kingrulzuk
    Where is the best place to park my savings?
    • #1
    • 17th Mar 17, 10:36 AM
    Where is the best place to park my savings? 17th Mar 17 at 10:36 AM
    Hi all
    I and my wife are just back from a short trip from India and we loved it so much that we want to travel all around India and spend a year or 2 living and working there.

    I will put the house on the market next month and I should get after paying the bank and fees something around £70k and I also have £15k savings

    My question is where should I put all the savings together as I will not touch it for next 2 years?

    Thank you


    What happens if you push this button?
Page 1
    • Jo Blogs
    • By Jo Blogs 17th Mar 17, 10:53 AM
    • 324 Posts
    • 767 Thanks
    Jo Blogs
    • #2
    • 17th Mar 17, 10:53 AM
    • #2
    • 17th Mar 17, 10:53 AM
    One possibility that comes to mind is NS&i income bonds. Present interest rate 1%, until 30th April, 2017, then it drop to 0.75% from 1st May.

    Check the T&C's before applying

    https://www.nsandi.com/income-bonds
    Saved Nitty Gritty £2333.72 [46.67%]/£5,000-[Apr] £488.81 for the 'Save 12k in 2017' #157
    2017 Wom #35 £1956.34 March NSDs 18/15
    • Jibeddy
    • By Jibeddy 17th Mar 17, 11:44 AM
    • 41 Posts
    • 10 Thanks
    Jibeddy
    • #3
    • 17th Mar 17, 11:44 AM
    • #3
    • 17th Mar 17, 11:44 AM
    You could take a look at these accounts if you won't be touching the savings for 2 years.

    http://www.moneysavingexpert.com/savings/savings-accounts-best-interest#twoyearfixed
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