SIPP interest 3% +

chrismriley

Hi All

Do you know of any SIPP which pays 3% + interest on uninvested cash below £100k please?

I know of Best Invest

Many thanks

Chris

marlot

You could put your money into a short term money market fund inside your SIPP?  I'm getting about 4% after charges on my emergency fund at the moment.

ColdIron

Is your SIPP crystallised?

chrismriley

ColdIron said:

Is your SIPP crystallised?

ColdIron said:

Is your SIPP crystallised?

no it is not

PaulCooper

Cater Allen will accept SIPP cash and pays 4.05% on a 12 month fixed term account

LHW99

Until 2027?

artyboy

LHW99 said:

Until 2027?

I don't think anyone is suggesting that interest on uninvested cash within a SIPP will end up being taxable!

Juno_Moneta

chrismriley said:

Hi All

Do you know of any SIPP which pays 3% + interest on uninvested cash below £100k please?

I know of Best Invest

Many thanks

Chris

Cash held in an HL SIPP Drawdown

Current rates and tiers
Account balance	Tax-free % for this tier only	AER% for this tier only
£100,000 +	3.35	3.40
£50,000 - £99,999.99	3.15	3.20
£10,000 - £49,999.99	2.95	2.99
£0 - £9,999.99	2.75	2.78

https://www.hl.co.uk/charges-and-interest-rates

DavidT67

How much cash and for how long ?  Crystallised or uncrystallised pot ?

For larger amounts and more than a few months look at fixed income funds, some target SONIA and some one or two percent above.

ColdIron

chrismriley said:

ColdIron said:

Is your SIPP crystallised?

ColdIron said:

Is your SIPP crystallised?

no it is not

OP says SIPP is not crystallised

DavidT67

ColdIron said:

chrismriley said:

ColdIron said:

Is your SIPP crystallised?

ColdIron said:

Is your SIPP crystallised?

no it is not

OP says SIPP is not crystallised

In which case the earlier post showing HL's SIPP Drawdown (crystallised pot) interest rates isn't applicable, they pay lower rates of interest on their SIPP (non-crystallised pot) account.