Filled my 3 Vantage accounts - what now?

UnsureMr

I have £10k in each of my three Lloyds Vantage accounts, so thats 9k not earning any interest. (hardly any...)

Can someone please advise on where to put this £9k? I have no other accounts (so no ISA), would like it to be instant access and internet banking, but willing to do fixed.

Thanks

KingL

UnsureMr wrote: »

would like it to be instant access......but willing to do fixed.

Sorta opposite ends of the scale there, so the list of options would be very long.

Have you read the MSE savings guide/best buys table ? http://www.moneysavingexpert.com/banking/
Saving fountain article? http://www.moneysavingexpert.com/savings/which-saving-account

D1zzy

UnsureMr wrote: »

I have £10k in each of my three Lloyds Vantage accounts, so thats 9k not earning any interest. (hardly any...)

Can someone please advise on where to put this £9k? I have no other accounts (so no ISA), would like it to be instant access and internet banking, but willing to do fixed.

Thanks

Well at least put the 9K - in an instant access with a reasonable rate,whilst you decide (even LLOYDS Esaver will pay you 2.5% if you put in 10K)

Gordon_the_Moron

Natwest E-saver pays 2.89% fixed for a year, thats the best you'll get instant access at the minute but you could get more if you do fixed, I'd get an ISA though so you don't pay tax on £5100 of it.

soulsaver

If there is an 'mrs unsure' and you trust her, open 2 (or three) more Vantages in her name; convert to 'joint' if you want control, although that may involve a branch visit for you both.
If you do, remember that 5 accounts with £6k is better than 4x£7k +1x£2k.... as you don't get 4% below £5k.;)
If thats not an option then you are looking for a cash Isa with instant access for £5.1k will be c. 3% which you should be able to find with a few seconds research...
Re instant access, remember if you make a withdrawal from a fully subscribed ISA you can't put it back in later.