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.

Saving for xmas?

Hi,

I was in a company sharesave scheme where we committed to payments for three years and at the end had the choice of the shares or the money back.
That worked great as a saving up for xmas plan after the initial three years. Now that has ended and the only option is to be in a buy as you earn type scheme, but this means I am taking the risk on the share price rising.
What I would like is to be able to pay £100pm into an account that was separate from my normal account but would let me access it when I needed to.
Other than another savings account, can anyone make any recommendations?

Cheers TC

Comments

  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Interest-paying current account, such as TSB Plus (5%)
    Regular savings account that pays at least 4%, e.g. First Direct 6%
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.8K Banking & Borrowing
  • 251.9K Reduce Debt & Boost Income
  • 452.2K Spending & Discounts
  • 240.2K Work, Benefits & Business
  • 616.3K Mortgages, Homes & Bills
  • 175.4K Life & Family
  • 253.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support 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.