We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
best bank to put £5000
cutesee
Posts: 99 Forumite
hi i have just got a some of money for a claim and was wondering where is the best bank to invest it. I am paying of my student overdrafts and my banks have been HSBC who i hate and the royal bank. i'd like to stick it in a bank for maybe a year but would like to be able to access it as i want it to be a deposit on a wee home soonish.any helps good thanks
0
Comments
-
Put £3,000 into a Direct ISA with NS&I. You'll get 5.80% tax free interest, guaranteed to be 0.55% above the base rate until 2008. Do that now and put the other £2000 into a decent Instant Access account (Yorkshire Building Society's Internet Saver is pretty good). After April 5 (beginning of new tax year), deposit the other £2000 into your Direct ISA.0
-
yeah i agree with kilty0
-
hopefully mine lol
Pls be nice to all MSer's
There's no such thing as a stupid question, and even if you disagree courtesy helps.
Tomorrow never come's as today is yesterday and tomorrow is today
MERRY CHRISTMAS FELLOW MSer's:xmastree:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 348.8K Banking & Borrowing
- 252.3K Reduce Debt & Boost Income
- 452.6K Spending & Discounts
- 241.6K Work, Benefits & Business
- 618.2K Mortgages, Homes & Bills
- 176K Life & Family
- 254.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards