invest against saving

17WL08RR

I have forty thousand pounds I would like to split between investing fixed 5 yrs and easy access savings Which UK bank is best suited to transfer too

wmb194

17WL08RR said:

I have forty thousand pounds I would like to split between investing fixed 5 yrs and easy access savings Which UK bank is best suited to transfer too (sic)

If you mean savings accounts for each option you can look here:

https://moneyfactscompare.co.uk/savings-accounts/

Richard1212

Just look at the top 10 list of Easy Savers and Fixed Savers. Pick the ones you like ( ie those who are consistently in the top of the tables positions -----register with them and transfer you money. My Easy Access account with over £100,000 in it has been in a ( Joint) Shawbrook Bank account for virtually all of the past year. Good luck and all the very best.

CliveOfIndia

17WL08RR said:

I would like to split between investing fixed 5 yrs and easy access savings

For a straightforward savings account then just go for one of the "best buys" as suggested by previous posters.  Investing - depends what you mean.  Most forms of investment carry an element of risk, and 5 years is a relatively short period of time if you're thinking about the stock market.  You might want to look at the various fixed-term bonds/gilts that are available - most of the major banks will sell them (on behalf of other entities, usually.  For instance, gilts are usually government bonds, not a fantastic rate of return but pretty much safe from the risk of losing your capital).

Depends really on what you're hoping to achieve, and what your risk appetite is like.

jimjames

17WL08RR said:

I have forty thousand pounds I would like to split between investing fixed 5 yrs and easy access savings Which UK bank is best suited to transfer too

£20k in a S&S ISA for this year's allowance would be ideal for the 5 years part but it's not fixed term, you can withdraw at any point although the longer the better. Any reason why you want exactly 5 years?