Help needed with Interest rates!!
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helenrowland
Posts: 29 Forumite
Hi
I need help with my maths!
I'm trying to work out which is better:
A current account with Alliance and Leicester which allows me an ISA with 8.1% ( I have £3000 to invest immediately) however this current account has a low interest rate of 1.49%
My current account balance will be around £1000 each month but all will be spent.
OR
A higher paying current account with A & L of 6.1% and a lower paying ISA of 6.5% I'm not sure which is best! Can anyone help?!!
Thanks
Helen
I need help with my maths!
I'm trying to work out which is better:
A current account with Alliance and Leicester which allows me an ISA with 8.1% ( I have £3000 to invest immediately) however this current account has a low interest rate of 1.49%
My current account balance will be around £1000 each month but all will be spent.
OR
A higher paying current account with A & L of 6.1% and a lower paying ISA of 6.5% I'm not sure which is best! Can anyone help?!!
Thanks
Helen
Helen
0
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