Best Safe "Rainy Day" Savings Option
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baguettes
Posts: 13 Forumite
I currently have £2000 invested in Premium Bonds as financially secure "emergency" savings. Working on building it up to more.
However, as premium bonds aren't the greatest at providing growth and potentially fall behind inflation I was wondering if anyone has any better financially secure investment suggestions for rainy day savings?
However, as premium bonds aren't the greatest at providing growth and potentially fall behind inflation I was wondering if anyone has any better financially secure investment suggestions for rainy day savings?
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Maybe a 5% regular saver with one of the banks accounts - First Direct, Nationwide, SantanderI’m a Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
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With as less as £2000, one or two high interest paying current account would be more preferable. Nationwide, TSB, Tesco Bank, ...0
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Baguettes - premium bonds are much more fun. The worst that can happens is that you never get any interest, but it's so much fun at the start of every month. Maybe split half and half with an instant access account?Solar Suntellite 250 x16 4kW Afore 3600TL dual 2KW E 2KW W no shade, DN15 March 14
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