Saving Advice needed please!!

Mrs_Optimist

Will have roughly £800 - £1000 per month to save. The aim is to pay off our mortgage but as that interest rate is only 1.45% it makes sense to out the money into a higher interest account and make the money earn me money in the meantime IYSWIM.

I don't just want to go with the higher paying rate on paper - I prefer personal recommendations from people who actually use the accounts so I know which once to go for or avoid.

Have no rainy day money so the first few thousand pounds need to be in an easy access account in the event or emergencies. Also have no ISAS so thinking maybe to put some in ISAs for me and DH before end of tax year >

Am really clueless about this sort of thing so any helpful advice would be much appreciated.

Mrs O

opinions4u

Halifax Regular Saver for £500 a month pays 5%. Not suitable for access during the year, and you should review your strategy when it matures.

You then also need an easy access account for anything else. I like Egg, but they recently pulled their rate back to 2.5%. Alternatives include www.if.com at 2.85% and ING who seem to be offering somewhere between 3% and 3.2% (although I hated them when I last used them!).

While my Halifax ISA works well for me at the moment, the 3% rate isn't currently available with access, so I'd suggest you look at either Barclays or IF.