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harold123

harold123 Posts: 21 Forumite

12 May 2008 at 6:55PM in Savings & investments

Hi ,

I have £9000 to save, option for fixed term is possible but want to know about any other good/better options i have?

Thanks in advance!

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KeithEssex_2 Posts: 224 Forumite

13 May 2008 at 1:02AM

harold123 wrote: »

Hi ,

I have £9000 to save, option for fixed term is possible but want to know about any other good/better options i have?

Thanks in advance!

It depends on your objectives. A Cash ISA is normally the first thing you should do as a basic saver/taxpayer.

Cash ISAs (Instant Access)
http://www.moneyfacts.co.uk/savings/bestbuys/mini-cash-isa.aspx

After that it all depends upon how quickly you might need to money.

i) Internet Saving Accounts
http://www.moneyfacts.co.uk/savings/bestbuys/internet-savings-accounts.aspx

ii) Notice Accounts
http://www.moneyfacts.co.uk/savings/bestbuys/savings_notice.aspx

iii) Fixed Rates / Term
http://www.moneyfacts.co.uk/savings/bestbuys/short-term-fixed-rate-bonds.aspx

Personally I stick to Fixed Rates with UK Banks and Building Societies.

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