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where shall i put my £3000 wedding fund?

emma_b_4
Posts: 1,292 Forumite
hi
im getting married next year, hopefully in moneysaving style! mum and dad have given us £3000, but suggested we ask on here where to put it to gain the most interest, it will be sat in an account for approx a year till i start touching it. wedding not till june 2007 and im pregnant so ive got that to think about first!
we are also setting up a a "baby fund" account which will be getting approx £80 per month, which is the best account fot his do you think? im going to read martins articles for some insight too. my accounts at the mo are with halifax i have 2 current accounts a savings account and a student account. i was going to open another there but if i can get a better rate or incentive i would go elsewhere
thankyou for your time xx
im getting married next year, hopefully in moneysaving style! mum and dad have given us £3000, but suggested we ask on here where to put it to gain the most interest, it will be sat in an account for approx a year till i start touching it. wedding not till june 2007 and im pregnant so ive got that to think about first!
we are also setting up a a "baby fund" account which will be getting approx £80 per month, which is the best account fot his do you think? im going to read martins articles for some insight too. my accounts at the mo are with halifax i have 2 current accounts a savings account and a student account. i was going to open another there but if i can get a better rate or incentive i would go elsewhere
thankyou for your time xx
0
Comments
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A&L ISA @5.2% tax free? And for day to day a Nationwide Flex account with e-savings (both pay decent rates of interest) and the no commission debit card for foreign currency on that honeymoon trip - not the best rates but no gimmicks.Survivor of debt, redundancy, endowment scams, share crashes, sky-high inflation, lousy financial advice, and multiple house price booms. Comfortably retired after learning to back my own judgement.
This is not advice - hopefully it's common sense..0 -
You could try the direct variable rate mini Cash ISA with Kent Reliance Building Society. Its only 4.96% but has remained consistently high... If your one of those who won't be bothered to switch if A&L's rate comes done in the future0
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