saving for 18 months

=kev=

In just over 18 months i'm getting married, and need to save 7k in the meantime.

i have a savings account with A&L but want to keep this money seperate.

where should i save the money to get the best possible return bearing in mind it will all be withdrawn in under 18 months time.

thanks, kev

wombat42_2

Sainsburies, ICESave or ICICI

=kev=

albertross wrote: »

The best return would be to pay of your overdraft, CC, and debts

I am working on that aswell!! The catalalogue and overdraft will go this month and a seperate savings account has been opened for my loans which ill meet half way and pay off.

thanks wombat42 i'll have a look in to them, whats the pro's about those inparticular?

wombat42_2

=kev= wrote: »

thanks wombat42 i'll have a look in to them, whats the pro's about those inparticular?

They are all instant access and top rates (around 6.3% interest)

=kev=

do you gain the interest after 12 months or monthly?

the savings account i have with A&L is 12%. there must be some kind of catch with that im guessing, after seeing many posts saying 6% is good

wombat42_2

=kev= wrote: »

do you gain the interest after 12 months or monthly?

the savings account i have with A&L is 12%. there must be some kind of catch with that im guessing, after seeing many posts saying 6% is good

ICESAVE & ICICI tell you of your interest monthly, Sainsburies tell you annually. But it doesnt matter too much as say, if you closed your Sainsburies account after 7 months you would still get all interest due.

=kev=

arr right. well thanks for the advice buddy