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NS&I fixed term finished - where to put money?
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csa
Posts: 58 Forumite
My 5 year fixed term account with NS&I is coming to an end. I'm not sure whether to renew and invest for another 5 years or put the money else where. This is money which I don't plan to touch but probably won't be adding to unless I change jobs and start earning a bit more.
Current total amount is: £1,350
New Rate terms:
Year 1: 1.50%
Year 2: 1.60%
Year 3: 1.80%
Year 4: 2.10%
Year 5: 2.51%
Any advice would be welcomed. Thanks
Current total amount is: £1,350
New Rate terms:
Year 1: 1.50%
Year 2: 1.60%
Year 3: 1.80%
Year 4: 2.10%
Year 5: 2.51%
Any advice would be welcomed. Thanks
0
Comments
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i would put the money in a cash isa
halifax fixed rate 3 % barclays tax haven 3.6 % and natwest are the current top isasMortgage Start jun 2007 £88500 Outstanding Balance £51000
Overpayments 2007 Nil 2008 £1040 2009 £7853 2010 £10000 2011 aiming for £18000 (6k so far)
The Early Bird Gets the Worm, but the Second Mouse Gets the Cheese!!0 -
Just had a quick look on the comparison sites and the best 5 year bond is Nationwide with 4.15% annual interest or 4.13% e-bond monthly interest but I wouldn't know which is the best.
I have an ISA with A&L but tend to dip into this occassional, not sure whether it's best to hide it away like I have been or put it with my other money. Although haven't check A&L interest rate recently...that's next.0
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