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Best place for cash?

Options
I am getting my AVC in January. It's about £13000 and I intend to put about £9000 in my two TSB and Tesco accounts to earn 3% from that. Not sure where to put the rest. Possible choices are in my existing S&S ISA or perhaps premium bonds? Any other ideas?
Cheers!

Comments

  • ColdIron
    ColdIron Posts: 9,879 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    If you want to keep it, or part of it, as cash you could look at Nationwide's FlexDirect, 5% on £2,500 for a year, You would also be eligible for the Flexlusive Regular Saver also at 5%
  • ColdIron wrote: »
    If you want to keep it, or part of it, as cash you could look at Nationwide's FlexDirect, 5% on £2,500 for a year, You would also be eligible for the Flexlusive Regular Saver also at 5%

    I do have a Flexdirect though now onto its 1% stage. And have just renewed the Flexlusive regular saver! Typical they drop the amount you can put in it just as I have a bit more spare!
  • put it all into your S&S ISA
  • economic
    economic Posts: 3,002 Forumite
    capital0ne wrote: »
    put it all into your S&S ISA

    But don't leave it in cash in a S&S ISA!!!
  • pennystretcher
    pennystretcher Posts: 458 Forumite
    Part of the Furniture 100 Posts Combo Breaker Mortgage-free Glee!
    edited 12 January 2018 at 4:52PM
    How about opening First Direct (as long as you can feed the account)? They still have good rate on their regular savings although it's only £300 pm. Or Club Lloyds pay 2% on up to £5k balances and they have a 3% regular saver for £400pm. (minimum pay in £1500 pm and you'll need two active DDs for Lloyds)
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