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Lump sum of money
Lol239
Posts: 1 Newbie
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.
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.
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Comments
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Have a read of https://www.moneysavingexpert.com/savings/savings-accounts-best-interest, that should point you in the right direction.0
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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.HNY:A0
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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.I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.0
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