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60K and the best place for it with highest interest

stolt · 2009-06-23 09:49:29

Hi, i have 60k that is savings, I have a A&L fixed 5 year mortgage which has only just been taken out so i cant pay my mortgage off with it yet. Where is the best place other than my tesco account to earn a little bit of interest. Also as my wife is at home looking after our youngest shes not earning a wage, would it be…

Comments

Woodyrocks Posts: 1,913 Forumite

1 July 2009 at 8:19PM

Stolt, you might already be aware of it but it is worth mentioning that with Close Brothers, if you invest over 50K you get the interest paid GROSS. I guess it is then up to you to pay tax upon receipt :likeheck:

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