ISAs, Current Accounts and Savings Accounts!

Samantha_ot

Hi all,

I'm looking for some advice - I've tried to wrap my head around the guides on here but it's just not going in. There are so many different types of accounts and trying to make sense of them feels like the mental equivalent of swimming through treacle.

My partner and I are first time buyers wanting to save for a house. We have £5000 that has been given to us, which we're planning on splitting and starting 2 Help to Buy ISAs with. The problem is, we're then left with a lump sum of £2600 which we don't know where to put, and a £200/month limit on saving in the ISAs. Given that we want somewhere to put the lump sum and a savings account each where we can save the excess from our salaries once we fill the ISA each month - what are the best options? We don't mind changing current accounts if we need to.

Thanks in advance!

colsten

Just put your surplus into the best current accounts and regular savers. Perhaps start at TSB or Nationwide.

http://forums.moneysavingexpert.com/showthread.php?t=5374614