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Best bank account for large amount of cash

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I'm looking for advice on where to put my money. I've just sold my house and have about £100,000 in my pocket before I use it to buy my new house next year.

I'm looking to see where is the best place to put my money for about 7 months, if anybody can help. I know interest rates are low but I'd like to make the most of it.

Most bank accounts I have seen are small limits so looking to see if I've missed any good options.

Comments

  • MallyGirl
    MallyGirl Posts: 6,698 Senior Ambassador
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    no - you need to maximise the use of the small limts and then build from there. Several of the small limit ones let you hold a sole and a joint so you could have 3 between you and a partner. It takes a bit of effort setting things up but there aren't any big wins now that the Santander one has dropped from 3% to 1.5%
    I’m a Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
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    All views are my own and not the official line of MoneySavingExpert.
  • pogofish
    pogofish Posts: 10,852 Forumite
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    Most bank accounts I have seen are small limits so looking to see if I've missed any good options.

    You will probably continue to miss them if you keep posting in the wrong forum.

    The Budgeting and Bank Accounts forum is probably the best place for this.
  • salenco
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    yes its through
  • Bogdan_Cariman
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    this is a through
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