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Savings for charities
TEACUPS_2
Posts: 1 Newbie
I have recently taken over as the Treasurer of a charitiable organisation. We have a sum of money approximately £2000, which we wish to invest, but gain the highest interest rate possible.
We can't open an ISA, and don't want to dabble in stocks/shares. The current rates that we have been advised so far are not very good.
Has anybody any suggestions?
Kind Regards
Teacups
We can't open an ISA, and don't want to dabble in stocks/shares. The current rates that we have been advised so far are not very good.
Has anybody any suggestions?
Kind Regards
Teacups
0
Comments
-
What are the current rates you have been proposed?
I would suggest you to look into A&L Direct Online Savings at 5.15%.0 -
There are few accounts suitable for charities ( the A&L isn't one of them ). Standard Life offers an account paying 4.25%, which seems reasonable - business accounts always pay less than personal ones.
HTH
Cheerfulcat
0
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