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£20k inheritance where to save it.

Richiea1
Posts: 3 Newbie
Hi there, am new to the website/forum.
I have just been fortunate to inherit £20k and wondered what the best rates of interest are currently to save this money.
I already have maximum Premium Bonds and Investement Bonds with NS&I.
I also have the Santander 123 current account.
Any suggestions great,y appreciated please.
Cheers, Richie.
I have just been fortunate to inherit £20k and wondered what the best rates of interest are currently to save this money.
I already have maximum Premium Bonds and Investement Bonds with NS&I.
I also have the Santander 123 current account.
Any suggestions great,y appreciated please.
Cheers, Richie.
0
Comments
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Hi there, am new to the website/forum.
I have just been fortunate to inherit £20k and wondered what the best rates of interest are currently to save this money.
I already have maximum Premium Bonds and Investement Bonds with NS&I.
I also have the Santander 123 current account.
Any suggestions great,y appreciated please.
Cheers, Richie.
Have you read this?
https://www.moneysavingexpert.com/savings/which-saving-account/
if not, start there0 -
http://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html
If you have 6 DDs, a couple of Tesco current accounts could be worth it for you.
You might also open a TSB Plus current account.
Have you ever had a Nationwide Flexdirect account? If not, might be worth considering. There is also a Flex monthly saver.0 -
Are you saving for anything in particular?0
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It sounds like you already have a lot of cash savings, so you might want to begin to think about investments instead. I suggest starting some research on that. You might like to try http://monevator.com/ and http://diyinvestoruk.blogspot.com/ as some good starting points. Asking questions on here will also get you lots of help.0
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What do you think about spending some of it and treating yourself?0
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Terry_Towelling wrote: »What do you think about spending some of it and treating yourself?
Yes have done some too0 -
May be better to try investing instead I!!!8217;m thinking.
http://monevator.com/using-vanguard-lifestrategy-funds-life/
It may be worth looking at the Vanguard ISA.0
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