savings???

garryfazza

hello I currently have about ten thousand pound to put into savings and am wondering the best place to put it with better interest and instant access. Any tips would be much appreciated . thanks:j

jem16

Kaupthing Edge paying 6.5% or Tesco Internet saver paying 6.25% or Icesave paying 6.3%.

LucyTheDwarf

Are you a taxpayer? If so you would certainly benefit by filling up your ISA for this year. (You can pay in £3600 in any tax year)

I suggest you read the guide to savings, which outlines the current best buys, and the best way to approach your savings. Start with this: http://www.moneysavingexpert.com/savings/which-saving-account, pay particular attention to the Savings fountain, then move onto this: http://www.moneysavingexpert.com/savings/best-cash-isa, followed by this: http://www.moneysavingexpert.com/savings/savings-accounts-best-interest

That will give you a good grounding in how you should arrange your savings, plus the best buys for ISAs (your first tier) and high interest instant access savings accounts.

Happy saving!