Isas 2016/2017

bobobski

mrsp1987 wrote: »

There is a TSB linked regular savings account that gives 5% interest. You have to open a TSB current account and fulfill a few other criteria (£500 paid in monthly and 2 direct debits etc,) to qualify.

No DDs needed in a non-switch scenario.

Eco_Miser

mrsp1987 wrote: »

Once we get the £20K into the new Santander 123 account in April (this is when my husband can get some of the capital out of the Hargreaves & Lansdown account)

An S&S ISA should return more than the 3% Santander pay. It's probably best to leave that where it is - especially if the market is still down.

mrsp1987

We want to diversify. We decided that we would both have some of the money after paying off debts and a lump sum on the mortgage and he chose S&S ISA whereas I would rather have mine in cash. I've got a lower attitude to risk than he has.
The £20K that is going to go into the S123 account isn't the full amount of the inheritance money we have left.