📨 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!

Savings account or ISA?

Options
Argyll_2
Argyll_2 Posts: 154 Forumite
in Savings & investments
I have £40,000 to invest for a few months until I buy another house. What's the best way to invest this for a short time? I have it in an Alliance & Leicester plus saver account at the moment. I was going to open up a West Brom BS savings account but I've just read about no notice ISA's.

Too be honest I'm tired and nothing I'm reading is sinking in at the moment so what should I do with it for a few months?

Thanks in advance?

Comments

  • CannyJock
    CannyJock Posts: 3,838 Forumite
    1,000 Posts Combo Breaker
    Argyll wrote: »
    I have £40,000 to invest for a few months until I buy another house. What's the best way to invest this for a short time?

    I got 6.71% on £30K in a 3 month bond with HBOS, it matured in January just intime for my tax bill to get paid :) Made me £ 405.91.
    "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
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.
Update Your Picture