Where to put my money?

Splitty93

Hi Everyone, thanks for clicking and reading my post. I'm new to this so hopefully all makes sense.
I'm currently saving for a house deposit with my girlfriend and I'm not sure where we should put our money. I'm currently saving £1500 a month and my girlfriend £200 a month, its a no brainer where to put my girlfriend's money, a Help to Buy ISA, as we are both first time buyers. I'm currently putting all my £1500 in a Cash ISA Saver with Lloyds which pays 0.75% interest. And currently have £5500 in there. I will open a Help to Buy ISA in April once the new tax year starts.
What I'm not sure of is where to put the other £1300? Is it best to open a Santander 123 account and put the rest in? Aldermore Help to Buy ISA which pays 2% interest but allows for a split ISA, with the other standard ISA paying 1.3%. Compared with a 4% Halifax help to buy. Or go for a fixed rate savings account for a year like the ICICI Bank 1.9%?
As I have paid into a ISA this year could I swap now to another ISA to boost my rate or do I have to wait until the next tax year?
Theres so many savings, ISA's, Current accounts out there I'm lost as to where to put it. So any help is greatly appreciated, thanks for reading:rotfl:

savings_my_hobby

Read this
http://www.moneysavingexpert.com/banking/compare-best-bank-accounts

you can each open a Help to Buy ISA so thats an extra £200 per month spoken for.

enthusiasticsaver

Help to Buy ISA with Halifax, high interest current accounts and regular savers. TSB classic plus and Nationwide flex direct current accounts are the best to start with alongside both their regular savers which you can put £750 a month in. First Direct also does a 6% regular saver with maximum of £300 per month. Those should keep you going for a while and then after that Club Lloyds, Bank of Scotland or Tesco. Do not use Santander 123 until you have filled up the other better accounts with no fees.

enthusiasticsaver

I personally would withdraw your isa money now and fill a high interest current account. With isa rates so poor and the limit now so high there is no advantage in having one. Exception is Help to Buy due to government incentive.

Sam_J12

You can put away £800/month each into First Direct/M&S/HSBC regular savers at 6%. That is what I would do (and open a second help to buy ISA if you have not already). Keep day to day money in TSC classic (£2000 @ 5%), Nationwide Flexdirect (£2500 @ 5%) and Lloyds Club (£5000 @ 4%).

Splitty93

Thanks for the advice, I only have 2 direct debits so opening numerous accounts which require active direct debits would be hard. I think it's time for a change!

Eco_Miser

Direct Debits should not be a problem if you 'save' with Tesco - search the board for more details.

Use all the regular savers [rl=https://forums.moneysavingexpert.com/discussion/5374614here[/url], and as many of the current accounts as needed (a couple can have three of most of the accounts.