Saving a nest egg

bridgendgirl

Hi all - I am wondering if anyone can point me in the right direction. I am looking to open a savings account and intend saving for about 5 years on a regular basis. I want an account that I either can't touch or would need to give a notice period for withdrawals.

Any help would be greatly appreciated.

lippy1923

Nationwide offer a champion saver account which is 60 days notice. Not bad interest at the moment. 2.55%. This come with a passbook so you can see it building up. Maybe you could look at some regular savings accounts aswell. Some are paying around 4%! hope u find a good one for you.

Lower_North

Have you opened a Cash ISA yet this year? That would be a way to save as it would be tax free. Although most have instant access, which you dont want, the concept of it being an ISA may stop you withdrawing money

lippy1923

yeh an ISA is a good idea. Nationwide also have a champion isa if you havnt used ur allowance yet. Passbook with 60 day notice again.

Loughton_Monkey

Best deal would be First Direct Regular Saver at 8%. Only in a years time, when it finishes, do you move it somewhere else - possibly an ISA.