Fixed term savings

Dealmad

Hi , can anyone help

I want to take my money out of NSI around £6000 and put it in a higher intrest account.

does anyone know which one would be good for me , i can leave it in for about 3-5 years as i dont need it at the present time.

Obviously im looking for a higher intrest possible with no risk of losing my money

whu

assuming you are a tax payer the NSI index linked certificates are pretty good - you could also think about using your ISA allowance (this money is also tax free) - if you want a savings account have a look at moneysupermarket.com - if you are a tax payer(especially a higher rate tax payer then the other two options would probably be better as they are tax free)

Leighthal

Yes,you need to declare your tax status.Higher,lower or none at all?