Saving for 9 months?

itbrvilla

Hi all,

I am currently in the process of paying back my over draft which is ~£2000. It is current at 0% interest and I can pay back £150-200 a month. I am currently saving this money in the Natwest eSaver account but would like to know if there is anything better I could use to make that little bit more money before I have to pay off the overdraft in 9 months time?

Many thanks

Ian:beer:

hcb42

open a savigs acct - can get 2-3% most likely, but it won't generate a lot with staggered amounts over 8 mo

psychic_teabag

If you opened the natwest esaver last October/November, the rate is pretty good. You could look for a regular saver - they tend to pay higher rates, though there's not so many of them around at the moment. Many don't allow access to the money for a year, which isn't great. One option is Santander First-Home Saver, if you qualify.

Can supplement your interest by passing money through a Halifax reward current account, if your credit rating is good enough to open one. Need £1000 per month, but it can be the same money in and out several times.