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Where to put money for 5 years?
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If you have current accounts with HSBC/First Direct/M and S their regular savers offer (for now) 2.75%.CreditCardChris said:I'm emigrating from the UK in 5 years and I want to start saving a chunk of money for when I move.
Currently I invest regularly in index funds but this isn't exactly saving as the money can go up and down. I was thinking to just put it in my H2B isa even though I won't be buying a house (certainly not at these prices) but the 0.95% (pathetic) interest rate is better than nothing I guess. But what other options are there? Would be nice to get 2%+ interest
I know there are some accounts where if you pay in £1500 each month and have 2 direct debits you can get x % on up to £5,000 or whatever but that's super hassle and I don't want lots of accounts all over the place with direct debits coming out of different accounts etc, it's a lot of micro managing.0
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