Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

    Where do i put my lump sum?
    • #1
    • 27th Mar 08, 12:28 PM
    Where do i put my lump sum? 27th Mar 08 at 12:28 PM
    We have just sold a house and have around 17,000 in a current account. 10k of this is for house refurb stuff and the rest is to go towards our wedding next year (this wedding account will grow over the year, house refurb will all be spent within a year) . As we have loads of spending on the cards, i want to split the cash into two accounts so we can keep better tabs on the spending, but i need instant access to them both and can't be bothered having to pay in certain amounts each month that most of the banks demand for current accounts. The amounts are too much for an ISA so I just don't know where to put the money. It seems such a waste to have a large lump sum and not earn good interest on it. Anyone know a good instant access account that can cope with lump sums that won't penalise against withdrawls?

Page 1
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,043Posts Today

8,621Users online

Martin's Twitter