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    • checkly
    • By checkly 11th Apr 18, 11:47 AM
    • 16Posts
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    checkly
    Advice on savings of £40K
    • #1
    • 11th Apr 18, 11:47 AM
    Advice on savings of £40K 11th Apr 18 at 11:47 AM
    Advice please on cash savings of approx. £40K

    I have £29K in Birmingham Midshires Instant Access (1.45%) account, £3K in Ford Money Regular Saver Isa (4%), £1,500 in TSB Classic Plus (3%), £6K in NS&I Guaranteed Investment Growth Bond (3 yr term ending 2021 paying 2.2%) and £600 (so far) in First Direct Regular Saver (5%).

    Over the past few years I have opened a Halifax Reward CA (£75 bribe), a Clydesdale Bank CA (£250 bribe), a Nationwide Flex Direct CA (5% for a year – now closed/switched), a M&S CA (£185 bribe – now closed), a Club Lloyds CA (2% on £5K – now closed/switched). Finding DD for these becoming trickier (especially now DD to Tesco savings accounts are on the way out). Tried switching to HSBC Advance CA for the £200 but they were an administrative nightmare!

    May need access over next few years due to funding university, possible home improvements, etc. But happy to hear advice on what could be done better….
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