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Advice needed for savings!
ianct977
Posts: 9 Forumite
Hi, just need some general advice about where to put my savings. I already have a cash ISA with £3000 (Halifax), and now i'm looking to put another £3000 into savings (with roughly 500 each month on top of that), but not too sure what is my best option. Have no debts to pay off and basically saving up for a deposit for a mortagage. Any advice would be much appreciated :money:
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Comments
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for the regular savings i would suggest something like the yorkshire regular savings.
they allow up to 500 per month and pay 7%.
although they are not the highest regular saving rate, unlike many there is no fixed period so your savings can continue earning good interest until you reach the max which is 20k.
for the other 3k just look at the best rate you can find icesave seem to be well regarded.0
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