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help required re savings

john.xs
Posts: 494 Forumite
looking to put minimum of £5000 in a high street guaranteed saver /current account at best rate available. what would you suggest .the mrs has seen halifax guaranteed saver at 5.57 aer. is this competitive? your views would be appreciated.
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Comments
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Have a look at something like Moneysupermarket.com0
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What do you mean by a 'high street guaranteed saver'? ...a fixed rate bond?
IMHO 5.57% is not competitive for any sort of savings account- bond or otherwise.God save the King!
I'll save Winston Churchill, Jane Austen, J. M. W. Turner and Alan Turing.0 -
No, 5,57% is not competitive even for an instant access savings account. Have a look at Martin's article for more info here:
http://www.moneysavingexpert.com/savings/savings-accounts-best-interest0
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