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What Should I Be Careful Of? - 12 Month Savings Account for Income Tax Money
Comments
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Bigwheels1111 said:You do understand that’s on only £300 a month.
Now you could stick the rest in a Chip 5.1% easy access isa.
Then fund FD each month from that to maximise interest.
Yeah that's fine, I realise even at the max it's only around £150 in interest over the year, but I just wanted somewhere to dump tax money (<£100 pcm) each month that was out of the way, locked away from dipping into and wasn't just doing nothing. I have ISA's and other high interest accounts for savings etc
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