Advice for savings

Silverflame

Hi, currently I have about 7k in my Lloyds Cash ISA. Would you suggest moving this to a new account? Im not too sure whats about at the moment. Im not looking to invest this money as it will be going towards buying a house. Any suggestions would be great, thank you.

ColdIron

You could start by having a look at the Top Savings Accounts link at the top of the page

fun4everyone

I would prob put it in these accounts starting with the 5%ers first


http://www.moneysavingexpert.com/savings/savings-loophole

wjr4

Have you got a help to buy ISA if you are a first time buyer?

xylophone

Are you eligible for a HTB ISA?

http://www.moneysavingexpert.com/savings/help-to-buy-ISA


You could contribute £1200 in the first month and drip feed thereafter from a Tesco current account into which you initially deposit up to £3000.

You might open a Flexdirect current account with Nationwide and deposit £2500.

You might open a TSB Plus and deposit £2000 and go paperless.

You would set up a monthly mid month SO for £1000 from TSB to NW and from NW to TSB.

You would tweak as you go along.

The hight interest rate on NW ends after a year so you would look elsewhere then.

Of course the high interest current accounts may be at risk from changes...