Confused!

ccskitten

Hi All

I never knew there was so much you could do with bank accounts!! I've just had a browse on this forum and its got the mind ticking but I don't know where to start with my finances.


Basically, I am due to complete on a sale and purchase of a house next week. I will be taking out £30k of equity from my house to upgrade the house I am buying. However, the work is going to be slow (over the next year or so) so I want to make sure I look after the money carefully and maximize my interest potential whilst also having easy access to my funds. I was just going to stick it in my barclays savings account which earns me next to no interest!


Please can anyone give me some guidance on this. I would be very grateful.

Robbieh

Have a look here. Bankaccountsavings.co.uk It gives you choices to suit your needs.

HTH, Rob.

xylophone

You might consider opening a 123 account and paying all cash back eligible DDs from it - the cash back could well cover the fee.

http://www.santander.co.uk/uk/current-accounts/123-current-account/?cid=ppc-ca-goo-br-santander%20123&gclid=CNCOqrvMs8oCFdRuGwodP7AOfQ

You might also consider a Club LLoyds account

http://www.lloydsbank.com/current-accounts/club-lloyds.asp

a TSB Plus account

http://www.tsb.co.uk/

a Nationwide Flexdirect account

http://www.nationwide.co.uk/products/current-accounts/flexdirect/features-and-benefits

and a Tesco account to hold the creamed off interest.

http://www.tescobank.com/