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.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

£5500 to put in savings account until October

Hi

I've got £5500 to put somewhere until October when I need it to pay off a 0% CC. I've got no ISAs or anything like that - I've just got a normal Lloyds TSB Savings Account.

Any ideas please?

Jue
NST #10 Steps 7K 2/30 10K 2/12 5 a day 3/30 NSD 0/20
MBNA £5500

Comments

  • Rosie75
    Rosie75 Posts: 609
    Part of the Furniture 500 Posts Combo Breaker
    Forumite
    Hi - I've put an identical amount (car loan money) into a Halifax websaver for a six month term, having used a 0% credit card to pay for my car. It should pay about £120 in interest, I think.
    3-6 Month Emergency Fund #14: £9000 / £10,000
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.8K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 606K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.