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Savings Next Move

I currently have the maximum of £3000 in my cash ISA for this financial year.

I also have some money invested in premium bonds.

I have an additional £4000 that I am not sure what to do with. I obviously want to save it and try and build upon it but I'm not entirely sure of what my options are and what the best move to make is, can anyone provide me with some information. Thanks.

Comments

  • Phoenix79_2
    Phoenix79_2 Posts: 1,434 Forumite
    I'd stick it in account like ICICI or Icesave and when April comes around and you get a new ISA allowance, use £3k of it for that. Thats a pretty simple recommendation but its what i'd do.

    I'm sure someone will be along in a bit with a betetr suggestion! :)
  • shaz77_2
    shaz77_2 Posts: 1,881 Forumite
    Thanks I'll take a look into the ICICI account. I've heard of a High Yield Portfolio but I don't know if its worth pursuing.
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