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Saving hard, but where to save
Biggsy20
Posts: 1 Newbie
Hi all.
I have a cash sum of £2000 to save with a regular deposit of £1000 to £1500 per month.
Any ideas on the best way to save this for a year, possibly 2 years.
I currently have a full ISA
Thanks to all that help.:j
I have a cash sum of £2000 to save with a regular deposit of £1000 to £1500 per month.
Any ideas on the best way to save this for a year, possibly 2 years.
I currently have a full ISA
Thanks to all that help.:j
0
Comments
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Regular Saver accounts tend to be a good place. Try your main bank as these often pay over 7% if you hold a current account. Often there is a maximum sum of £250-£500 a month.
Halifax at 7% has no current account requirement (limit is £500 a month per person, so a couple can do £1,000 a month).
At the end of a year, these accounts usually return you the lump sum with interest and then continue. So you'll be looking for a home for the lump sum then (e.g. topping up ISA etc).0
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