What should I do?

CashMoney

Hi i initially posted this in the wrong forum so will repost again here. Firstly a bit of background about my financial position. I am a Santander customer for the past 4 years or so. I have an ISA with them which has around 45k paying 1.5% and a 123 account currently at around 20k balance also paying 1.5% (for now). I also have 2 children's savers for my kids paying 3% on balances of around £1500 and £1200. I intend to keep these accounts as they are until the rate drops in May but wanted some ideas as to how you guys would go about moving from Santander once the rate drops and where you would recommend moving this money to.

I have thought about what a few people have suggested on these forums about moving most of the money from 123 account and placing it into a Marcus account and then downgrading the 123 account into a lite account. If this is correct, should I do this now or wait until May?

I have also thought about moving my current account to other banks like Metro bank as they seem to have good customer service and are also offering a instant cash ISA paying 0.90% and a instant access saver paying 0.55%. Can someone advise on whether this would be a good move or are there better options for me?

I also have around 3k invested in 4 different companies' shares which are all in different sectors.

So looking for ideas on how I can maximize interest whether that be from current accounts or savings accounts. They have to be easy access and I don't want to invest in anything else i.e. shares, bonds etc.

Sorry about the long question, would love to hear people's ideas and suggestions.

Thanks!

xylophone

Isa rates

https://www.thisismoney.co.uk/money/saving/article-1583864/Best-savings-rates-Isas-Cash-Isa-accounts-fixed-rate-Isas.html

Other savings

https://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html

https://forums.moneysavingexpert.com/discussion/6091289/martin-lewis-says-santander-123-is-now-a-dead-duck-current-account-as-it-cuts-interest-and-cashback