We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Best place to put £250 a month
Options

Proietti
Posts: 2 Newbie
Hi
I wonder if anyone could help me.
I have an extra £250 a month (regularly every month) which could be used for savings. Where is the best place to put this?
I have heard talk of ISAs e.g. Natwest which offers 5.00%AER, however, is this better than a regular savers account (e.g. Halifax at 7% AER/gross p.a. or Alliance and Leicester Premier Regular Saver at 10.00% gross p.a./AER fixed for a year)? Or is there somewhere else?
Any advice or guidance gratefully received.
Many thanks
I wonder if anyone could help me.
I have an extra £250 a month (regularly every month) which could be used for savings. Where is the best place to put this?
I have heard talk of ISAs e.g. Natwest which offers 5.00%AER, however, is this better than a regular savers account (e.g. Halifax at 7% AER/gross p.a. or Alliance and Leicester Premier Regular Saver at 10.00% gross p.a./AER fixed for a year)? Or is there somewhere else?
Any advice or guidance gratefully received.
Many thanks
0
Comments
-
Hi
See this recent thread: Alliance&Leicester 10%pa v Tax Free (Isa etc) . Don't hesitate to ask further questions ...0 -
the difference is that with A&L you have to have a bank account with them, with Halifax you do not. if you bank with A&L i'd take up their offer0
-
Funny enough, I put £250 per month into a Maxi Isa cash component. Whenever I have a little more I put some into the shares component. My savings have increased dramatically over the years in this way.ok, so i'm hot...
:cool:
0 -
me too I do £250 - its crept up to £55000
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards