Best Saving's

stroppiemare

I have £1oo.oo a month spare to save,which saving's account would be best i am not planning on touching this money for a year.Any help would be appreciated as i am as green as grass where money is concerned;)

Shinds

As you will be saving monthly and not it an inital lump sum - You'd be best off looking at the 'Regular Saver' accounts.

I believe Barclays have one of the best rates at the mo... 12.5%

Check it out: http://www.personal.barclays.co.uk/BRC1/jsp/brccontrol?task=articleFWgroup&site=pfs&value=11761&menu=5326

DawnW

Hello, I am hardly an expert, but I think you will need to provide a bit more information to get the best advice. For example, are you a taxpayer (in which case a mini cash ISA might be the best plan (NS&I do a good one), or if not perhaps a regular saver account? Do you have other savings/have you used your ISA allowance for this year? And remember, if you have debts, it might be best to pay them first, as the interest on them is likely to be higher than what you will get from savings. If you can give a little more info, I am sure you will get informed suggestions shortly.
Good luck!

james3333

the barclays one is a brilliant 12.5% but you have to have your salary of over £1,000 go in their evey month.
i have my salary go in every month, i then immediatley transfer it to a web saver account and drip feed my current account when i need bills paying or cash out.

stroppiemare

thanks for the information everybody,my husband has a mini isa so can i open one as well?

Mikeyorks

stroppiemare wrote:

.. can i open one as well?

Yes, you can. From the limited amount of data you've given an ISA may be better than a Reg Saver .. as the higher rated ones of these tend to be tied to having a current account with the same provider.

So the best answer .. possibly depends where your current account is?

stroppiemare

My current account is at barcley's,i was with their instant saver's account and they rang me and advised me to change to the easy saver as it was more intrest.I also have just over 2,ooo in premium bond's and i don't earn enough to put 1,000 a month into any account,i only work part time.