Fixed term savings with no option to withdraw early?

dunstonh

Sheailam said:

I am about to receive a large lump sum inheritance and would like to put some of it into a good investment account. Any suggestions for good interest rates?

It is considered rude to post an request on someone else's thread on an unrelated subject.   It is called "thread hijacking".   Copy and paste your post to your own thread and you will get the answers there.  Although you will need to give more info as what you have asked has mixed investment and savings and there isn't enough to say.

wmb194

Rather than adding to an existing account you could open, say, a new one year fixed rate savings bond every month and over time build a 'ladder' of accounts that will mature every month. Nationwide for instance allows you to open a fixed rate bond with just £1 (one) so the amount you have to save every month shouldn't be a massive issue with this tactic, there will just be a bit more paperwork to deal with.