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£13000

I save.  £500pm  First Direct,  £250 Virgin and £500 Principality  to deal with a lump sum sitting of £13,000
I want to save a further £500-£700 pm.

Any suggestions where?   Lock away if needed 4 years.

Comments

  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Interest rates are dire, and I don't see any chance of rates rising. It seems the age of low and zero rates is becoming the norm. 

    When your regular savers mature you may as well chance your arm with between 0% and a million and go with Premium Bonds..._ 
  • If you have never had nationwide flex direct can get 5% on £2500 for a year (also £100 switching bonus available if you can get a friend to refer you). 

    Coventry building society has 2.5% regular saver (up to £500 pm). 

     I assume the lump sum is a high rate easy access account? 
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    edited 19 February 2020 at 11:00AM
    Coventry Regular Saver, 2.5% AER, £500 max/mth. Some other Regular Savers might be suitable, too - check the Regular Savers thread.

    How do you save £500/mth into FD, btw?
This discussion has been closed.
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