Short Term (Monthly) interest Savings Accounts

ryan2304

Hi All,

I'm looking for some Help on Earning some extra Cash from a Monthly interest Saving Account (if available). I'm currently saving towards a 10% deposit for my first home. I curently have £12,000 in Savings which I'm just about to gain the annual interest on of 2.5% (Sadly not the 5% I had in 2009). I wll be adding a further £1000 each month to hit a target of £15k. This will help me with a 10% Deposit on a £120,000 home aswell as paying any additional Fees. I'd like to know if any one could recommend a monthly interest account hat I could put this in to earn a few extra pennies! Any thoughts or recommendations would be greatly appreciated.

Thanks

Ryan

Stochasticity

ryan2304 wrote: »

Hi All,

I'm looking for some Help on Earning some extra Cash from a Monthly interest Saving Account (if available). I'm currently saving towards a 10% deposit for my first home. I curently have £12,000 in Savings which I'm just about to gain the annual interest on of 2.5% (Sadly not the 5% I had in 2009). I wll be adding a further £1000 each month to hit a target of £15k. This will help me with a 10% Deposit on a £120,000 home aswell as paying any additional Fees. I'd like to know if any one could recommend a monthly interest account hat I could put this in to earn a few extra pennies! Any thoughts or recommendations would be greatly appreciated.

Thanks

Ryan

Try posts 2 through 9 here....

https://forums.moneysavingexpert.com/discussion/608697

Plenty of viable options there that should get you in the region of 4-5%+.