📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

From IceSave but to where?

Options
I have just transferred my ISA to IceSave following Matins money savings tip. However along with my other savers account with IceSave I am well over the £35000 savings guarantee limit so I want to transfer around £3000+ to a new account.

What are the best accounts to transfer to? I know IceSave is a tough act to follow but I am hoping there are other good savings accounts out there.

Comments

  • I wouldnt bother. Whats going around now is simply rumours from competitors that are jealous of the deposits its now got.

    The money markets have been flowing well for a few months now.
  • jizba
    jizba Posts: 174 Forumite
    Yant1 wrote: »
    I wouldnt bother. Whats going around now is simply rumours from competitors that are jealous of the deposits its now got.

    The money markets have been flowing well for a few months now.

    Thanks for your reply.

    That was a interesting response, however I am a little uncomfortable with so much of my capital tied up in the one place. I was brought up on the mantle of not putting all your eggs into one basket.
  • If it's not a silly question - would it be a good idea to follow martin tips again and choose one of his other highly recommended accounts from his top list?
    This site is just excellent :T
  • jizba wrote: »
    Thanks for your reply.

    That was a interesting response, however I am a little uncomfortable with so much of my capital tied up in the one place. I was brought up on the mantle of not putting all your eggs into one basket.

    This is a savings account not a buy to let or hedge fund.

    I really would spend more time worrying about it, worry about not having enough fun, hey why not just blow the 3K going on a nice holiday :rotfl:
  • Yant1 wrote: »
    I really would spend more time worrying about it, worry about not having enough fun, hey why not just blow the 3K going on a nice holiday :rotfl:

    Iceland is nice this time of year ... :D
    Imprudent granting of credit is bound to prove just as ruinous to a bank as to any other merchant.
    (Ludwig von Mises)

  • CannyJock
    CannyJock Posts: 3,838 Forumite
    1,000 Posts Combo Breaker
    Bradford & Bingley eSaver (2) is offering 6.4% (although interest rate cut not been applied yet!).

    Is online and next best to the 6.41% IceSave were doing.

    If you really want to split your funds up, that'd be the way to do it. I'm over the 35K thing too, but not worrying about it - though mine is with the B&B :p
    "A child of five could understand this. Fetch me a child of five." - Groucho Marx
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.