Holiday Saving Club

alioops78

Hi

I'm just wondering if anyone could help point me in the right direction for opening up a savings account that would benefit 6/7 friends to save up for a holiday. I have tried to work out the best option from the information on here but it's confused me even more (which isn't hard to do :rotfl:).

We're looking at putting £20 per month away each for approx 2 years so want the best account that would handle this and give the best return.

Any of your expert help will be greatly appreciated

Thanks
Alioops

opinions4u

All saving separately would be my suggestion.

Arthurian

Yes, definitely, all save separately.

Also look at http://www.moneysavingexpert.com/savings/best-regular-savings-accounts .

paddyrg

2 years is plenty of time for things to change hugely - save separately and then see what the score is when you've all saved. Some will have had kids/other reasons why they won't go, etc., and saving together won't earn you extra interest

alioops78

Thanks for the responses, will look at the link and talk it over with the girls.

Alioops