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£6,000 lump sum, fixed rate bond best??
dee100
Posts: 73 Forumite
I have halifax high interest current a/c, 6% up to 2,500, put £250 pm into their regulat saver, 7%. £4,000 lump sum, mainly from last 12 month regular saver, put into Julian hodge 12 month fixed rate bond, 6.90%? According to Martin, I should cash my £2,000 premium bonds. Put that into a 12 month bond too?
I am unable to change current a/c as 3 sources of income, too complicated.
I need no access during the 12 months.
I do not pay tax, so ISA not needed.
I am starting a halifax 0% credit card to stooze cash in my current a/c, then t/fer it into another regular saver.
What is the best way to maximise my no risk interest return to fund holidays next year? BIG THANKS!
I am unable to change current a/c as 3 sources of income, too complicated.
I need no access during the 12 months.
I do not pay tax, so ISA not needed.
I am starting a halifax 0% credit card to stooze cash in my current a/c, then t/fer it into another regular saver.
What is the best way to maximise my no risk interest return to fund holidays next year? BIG THANKS!
0
Comments
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Why dont you pay tax but can save 250 a month?:j xxxxx:j0
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