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Where to put a large sum of money?
amy1695
Posts: 12 Forumite
I have £19,500 in a savings account. The interest rate is 0.5%. Is there anywhere else I can put it where the interest rate is higher? Somewhere I can add more money to every month. Thanks.
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Comments
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Almost anywhere I should think, maybe make a start with the Top Savings Accounts link above?Is there anywhere else I can put it where the interest rate is higher?0 -
Presumably you didn't put the money in the accounts suggested earlier this year when you said you'd £20K? Maybe you forgot you'd asked the question? You certainly didn't acknowledge the help you'd been given at the time.
Is this because you couldn't open the current accounts due to your past credit issues? If that's still the case, then savings accounts, rather than the better paying current accounts, would seem to be the only option available to you?0
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