Regluar savings or top up easy access

mikeupd

Hi, is it better to put £250/month into a regular savings paying 2% or put the £250/month into an easy access paying 1.3%? There must be a calculator and/or spreadsheet somewhere. Thanks ~ Mike

ColdIron

Well 2 is bigger than 1.3 so you don't need a calculator for that. There are 5% regular savers available

Here's a calculator anyway
https://www.moneysavingexpert.com/savings/best-regular-savings-accounts#regular

TheShape

Only one calculation needed. Is 2 a larger number than 1.3? Put it in the regular saver!

soulsaver

Start the 2.0% regular saver.. feed it from the 1.3...

Where is the 1.3%?