Where to save?

XDA

Looking for a some advice on which savings account to open.

I currently have £6k - £7k to invest in a savings account, as at the moment its sat in my bank of Scotland account earning next to nothing.

I already have an ISA with NS&I which I invest £40 a month in.

Which account do you recommend? I am interested in the "Capital One Bonus Saver (Issue 3)" which is currently paying 6.50% (But I expect it to drop)

I would need to be able to withdraw the money at anytime, as its a deposit for a mortgage.

Thanks

ray123

Personally, I would not be looking to buy for at least a year and so have most of my savings locked in fixed rates for up to 2 years.
I would recommend that you use your full ISA allowance NOW (£3600 max per annum).
Sainsburys bank offer 5% interest, Nationwide e-saver offer 4.5% and both are instant access.
Abbey are offering a special home saver account for first time buyers currently offering 8% (variable rate). I would have a look at that:

http://www.abbey.com/csgs/Satellite?c=GSProducto&cid=1210614769309&pagename=Abbey%2FGSProducto%2FGS_InfProducto

It looks good for the short term but the rate of 8% can change at any moment.