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What to do with 42k

2»

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  • foxybabe
    foxybabe Posts: 752 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Hexane said:
    If tying up some of the money for one year would be acceptable, then getting some of it into Regular Savers would seem worthwhile. Currently offering as much as 1.75% although more commonly around 1.3%

    These also often have the advantage that they retain the higher rates of interest even after other interest rates drop even further (for example I still have several paying 2.75% at present).
    This might be an option. I'll have a look. 

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