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Short term easy access savings
Hertsclarets
Posts: 8 Forumite
I have in the region of £90k, proceeds of a property sale 12 months ago, which has been sat in a 6% savings account for 12 months and matures at the end of the month. I saved 20k in a fixed term cash ISA for the previous tax year which has matured and has been transferred into a Trading 212 cash ISA and have 14k also in a Trading 212 cash ISA for the current tax year. Once the savings account matures, I will top up the ISA for this tax year to the max, so will have c.84k left over. The plan is to buy a property with my partner later in the year, so am looking for a home for my 84k that will pay the best interest rate but allow easy access when the time comes to buy a property. Depending on how long this takes, I will probably top up the 84k each month.
Any suggestions on the best course of action gratefully received.
Any suggestions on the best course of action gratefully received.
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Comments
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Pick the savings account(s) that suits you best from this list: https://moneyfactscompare.co.uk/savings-accounts/. Don't go over £85k with a single financial institution
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friolento said:Pick the savings account(s) that suits you best from this list: https://moneyfactscompare.co.uk/savings-accounts/. Don't go over £85k with a single financial institution
Having said that, it is extremely unlike that banks go bust1
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