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question regarding small savings
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JMH204
Posts: 14 Forumite
If I want to save £1,000 is it better to put it into one account (perhaps ISA) or two seperate accounts?
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Maybe I don't understand something, but I don't see any advantages of splitting this amount to 2 accounts ...
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If you can put £1000 into one ISA, do so.0
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Stick it into a 5% paying ISA. Look at A&L and Halifax for example.Happy chappy0
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JMH204 wrote:If I want to save £1,000 is it better to put it into one account (perhaps ISA) or two seperate accounts?
One account.. as you can only open ONE CASH ISA per tax year.
And its easier to manage, switch and when you get say above £10k you'l likely be able to get better rates.0
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