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Help with finding good place to save for elderly relatives
catkins79
Posts: 23 Forumite
Hi,
Some elderly relatives need advice about the best place to keep their money. They have around £9k, which is currently in a NatWest current account. We are looking for somewhere else to put this money so that it makes more interest.
However, they need easy access to the money, preferably by cheque. They cannot get out to a branch and do not have internet access.
We have considered an ISA but can these be opened over the phone? Ditto, savings accounts.
All advice welcome!
catkins
Some elderly relatives need advice about the best place to keep their money. They have around £9k, which is currently in a NatWest current account. We are looking for somewhere else to put this money so that it makes more interest.
However, they need easy access to the money, preferably by cheque. They cannot get out to a branch and do not have internet access.
We have considered an ISA but can these be opened over the phone? Ditto, savings accounts.
All advice welcome!
catkins
0
Comments
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Anglo-Irish Bank seem to have something that you might find useful:
http://www.angloirishbank.co.uk/personalsavings/easyaccess.asp?utm_source=moneyfacts&utm_medium=cpc&utm_term=ea&utm_content=ea&utm_campaign=easy%2Baccess
Currently offering 6.4% interest, you can operate the account over the phone and withdrawls can be made by cheque or electronic transfer. I have found Anglo-Irish good to deal with in the past.
Hope this helps!“Money is not the most important thing in the world. Love is. Fortunately, I love money.”0
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