could I have some advice please (which accounts)

sportline

Hi.
I need to shift my savings as soon as possible. HSBC are doing nothing for me.
I have £3650 in an isa but have not put this years allowance in yet.

I have a further £7500 in my current account.

Both are HSBC, neither pay any interest.

My needs are

Accessability
and able to add 700 per month savings.

td_007

sportline wrote: »

Hi.
I need to shift my savings as soon as possible. HSBC are doing nothing for me.
I have £3650 in an isa but have not put this years allowance in yet.

I have a further £7500 in my current account.

Both are HSBC, neither pay any interest.

My needs are

Accessability
and able to add 700 per month savings.

In these low interest rate time you will have to work a bit to squeeze the max of what you have. An example would be to open an A&L Premier Direct a/c which gives 6% interest on amounts upto £2500 for 1 year (you will need to fund it £500 monthly) and together with that you will be able to open an online saver which gives 3% interest. Abbey also has a similar current a/c but the linked esaver gives lower interest rates.

Ofcourse do not lose the ISA wrapper and transfer that out another ISA.