£10,000 savings with monthly interest?

khampson

Hi I have £10000 to put into savings and I am looking for a savings account that pays monthly interest that will allow me to get at the money as and when I need it, any advice thanks?

jimjames

In that case if you want the best return it's not a savings account you need but a current account.

Take your pick and mix from

TSB 5%
Nationwide 5%
Lloyds 4%
Tesco 3%

Each have different limits below £10k so you'll need several accounts, down to you which mix and match.

khampson

Do I need other accounts or my wages paid in to have one of these accounts?

Thanks

Archi_Bald

No you just need to pay in a minimum amount each month. Of course you can take it out as soon as you have paid it in, or you can take it out and put it back in immediately.

Lloyds also needs 2 monthly paying DDs.

Lots of threads on all these accounts on the Forum.

andrewmp

Santander will give you 3% on the whole lot, two DD's but cashback on dd's