Lump sum of money

Lol239 · 13 February 2018 at 10:12PM

Hi there,

Can someone please help me. I will shortly be receiving roughly £80 000. I do not want to use this money and at this moment I do not want to invest it either. I am just looking for the best bank account to put it in, with the best interest rates and be able to access it if necessary. The accessing bit can be in a couple years but not too long. Any help would be great as I do not know we here to start. Thank you.

steampowered · 13 February 2018 at 10:24PM

Have a read of https://www.moneysavingexpert.com/savings/savings-accounts-best-interest, that should point you in the right direction.

xylophone · 13 February 2018 at 10:42PM

http://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html

Freddie_Allen · 14 February 2018 at 11:35AM

You have not mentioned that you would be comfortable with FD or just want to invest in savings deposit account as the rate of interest differs. I have a saving account of mine in Synchrony Bank which avails 2.35% APY at minimum deposit of $2,000.

HappyHarry · 14 February 2018 at 11:44AM

Freddie_Allen wrote: »

You have not mentioned that you would be comfortable with FD or just want to invest in savings deposit account as the rate of interest differs. I have a saving account of mine in Synchrony Bank which avails 2.35% APY at minimum deposit of $2,000.

Freddie, as mentioned before, this is a UK forum and so USA savings accounts aren't likely to help the OP.

Lump sum of money

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