Advice Needed where to save.

Options
Help..... I would be grateful for any advice. I have £25k to invest and then £2k to save a month for the next 2 years. I currently have my money in the combined accounts (6.35 and 12%) Halifax regular saver which comes to an end June 26th. My own research says the best place for the cash is with ICICI Bank at 4.35% fixed for 2 years, but i cant invest further? Would I be better off splitting, say £3k in the Barclays one year 6% account investing max £250 per month? and find other accounts alike?? I dont really want lots of different accounts though....Arghgh im in a real mess what to do. Any advice would be appreciated. Thank you

Comments

  • G_M
    G_M Posts: 51,977 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    Options
    Depends if you need access to the money. If not, then why not go ICICI for the bulk and then drip-feed £250 per month into a high interest savings account like the Barclays one.

    If you need access (which neither the above give you) then take a look here.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.8K Spending & Discounts
  • 235.4K Work, Benefits & Business
  • 608.3K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards