TSB AND Santander - what next?

FunLovinCriminal

Hi all
I have a couple of bank accounts.
Bank of Scotland, for day-to-day
TSB with £2000 in it, and used to use for contactless pay, as there was a 5% bonus on using it.
First Direct - coz they gave me a £125 sign up bonus
Santander - £6k in there.

So the contactless bonus has gone, and the interest is not as good in either the TSB and Santander as it once was.

My question, what should I do to make my money work as hard as I can?

galok

HSBC are currently offering a £150 if you switch to their Advance Account, then a further £50 if you stay for 12 months. They also have a 5% regular saver account. You do need to be able to pay at least £1,750 each month into the account.

I haven't personally switch yet but would be interested to hear feedback.

Based on your views of risk, you might want to review P2P lending such as Zopa, and there is probably an MSE section in the forum dedicated to that.

LuSiVe

FunLovinCriminal wrote: »

My question, what should I do to make my money work as hard as I can?

Read the more appropriate part of the forum?

http://forums.moneysavingexpert.com/forumdisplay.php?s=&daysprune=&f=20

sonicology

FunLovinCriminal wrote: »

My question, what should I do to make my money work as hard as I can?

As galok said, depending on your aversion to risk you may want to look into p2p lending or a s&s ISA.

wjr4

First Direct regular saver? 5% interest fixed for 12 months, contribute £25-300 pm