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Where to put my money...?

My current plan is to put some savings in a Kaupthing Edge 12 month term deposit account @ 7.01%AER.

I have a HSBC current account and am planning on putting the full amount in to a HSBC e-ISA @ 6.25%AER.

I'm planning on saving regularly each month in to a savings account. I also have a few grand I want to put straight in to the same saving account as I would like easy access to some money. I was thinking of opening a Kaupthing Edge savings account for this. Can anybody confirm this is the best option? I understand transfers between HSBC current account and KE savings account will take a few days with BACS.

Much appreciated.

Comments

  • My current plan is to put some savings in a Kaupthing Edge 12 month term deposit account @ 7.01%AER.

    I have a HSBC current account and am planning on putting the full amount in to a HSBC e-ISA @ 6.25%AER.

    I'm planning on saving regularly each month in to a savings account. I also have a few grand I want to put straight in to the same saving account as I would like easy access to some money. I was thinking of opening a Kaupthing Edge savings account for this. Can anybody confirm this is the best option? I understand transfers between HSBC current account and KE savings account will take a few days with BACS.

    Much appreciated.

    These are a good set of accounts.

    I would suggest that you also open an Online Bonus Saver and Flexible Saver with the HSBC to improve on the 0.10% paid on your current account.

    Transfers take about 2-3 days and must be made from your nominated linked account.
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