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savings

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If I had £10,000.00 to save is it better in a mini ISA for tax free savings or in a Barclays savings builder account

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  • Steve_xx
    Steve_xx Posts: 6,979 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You can put just £3000 of it in a mini cash ISA in the current tax year. The remainder would be ok to put in a high interest account like the ICICI Bank Hi-Save account. Or, you could consider a yearly bond with Northern Rock who will pay a fixed rate of 6.9% at the moment.
  • McSaver
    McSaver Posts: 609 Forumite
    Forget Barclays, They pay poor rates of Interest on your savings.

    Try Icesave 6.3% Instant Access, 6.1% Cash Mini ISA.
    Had £80,000 in Savings - All GONE!!! BYE BYE
    :A Single, 27, Aspie, Gooner :A
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