What would you do please

savings_my_hobby

mavvymoo wrote: »

I also have a small savings account with around £2.5k with rubbish interest but would like to keep this money away from the 123 accounts

Put this money in a nationwide flexdirect account for one year.

you may also want to read up on the help to buy ISA's which will be out December.

Eco_Miser

If you want to save in cash (rather than shares/funds, property, commodities etc., then the best place is a selection of current and Regular Saver accounts.

With this in mind I think you should open 3 TSB Classic Plus and fill them from your Santander accounts, gaining an extra 2% (£120 gross), and a couple of TSB Monthly Savers.
Then do the same with Club Lloyds current account and Monthly Saver. Those two banks have both a good monthly saver and a good current account rate.
After that, look at the other regular savers, which require a not-very-good current account to qualify (but there may be a switching bonus available), then the other current accounts.

Don't wait to fill up the Santander accounts, as these promotional accounts may be withdrawn for new customers while already open accounts can continue.

atush

If you are not working you can still have a pension. And should/ At 2880 per year, the govt bumps it up to 3600. At no extra cost to you.

Forget about separate pots for 'the dogs' and whatever. Just use a spreadsheet or a notebook. You know what money you are are putting away and what vets bills cost. Just subtract it. it is inefficient to have 10 different acts for 1 different purposes. Unless you are having extra ccts to get the highest amt of interest for all.

But you dont need a dog acct, a car acct, a fun money acct. you need to get the best interest on any cash you have for these spending needs insted.

YorkshireBoy

savings_my_hobby wrote: »

you may also want to read up on the help to buy ISA's which will be out December.

Why?...I thought they were for first time buyers?

mavvymoo

Thanks all I will be having a look around at all the accounts mentioned in the next couple of days and get something sorted out shortly.
I will also have a good look at the links provided so a big thank you to you all for your time.

Will let you know what I have decided