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Best rate

Hi I have sold a property and want to put the proceeds into a instant access saver account until I purchase another property. Can anyboby advise an account with the best interest rate?

Meadway

Comments

  • Thrifty_2
    Thrifty_2 Posts: 111 Forumite
    Firstly use your isa allowance for the yr for yourself and your partner then if you use Birmingham Midshires Building society they are doing 4.17% net on savings of £1 to £1 million but the money has to be left untouched for 1yr, alternatively they do 3.96% net this includes a 0.65 bonus in yr 1 but you can get at your money at anytime.A higher payer than these would be ICIC bank @5.15% mentioned on this site but has had some bad reviews call centre is in India all the above are Internet accounts.Sainsburys internet Bank do 3.80% nett. Hope this might help.
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