savings account
Author
Discussion

MigX

Original Poster:

791 posts

195 months

Saturday 27th August 2011
quotequote all
I am thinking about opening a savings account.
At the moment i am banking with lloyds and thinking about transferring 1600 pounds per month to the savings account.
I want to have access to the money whenever i want/need and wanted to know what is my best option.
Thank you

cuprabob

16,952 posts

230 months

Saturday 27th August 2011
quotequote all
Assuming you don't want to take any risk and if you want access to you money instantly then the following is really the best you can do at the moment;

Fill up an ISA to £5,340, you'll get aboout 3.5%from most banks

After that open an internet easy access account with a 12 month bonus rate, you'll get around 4%

Have a look on money supermarket.


The Leaper

5,351 posts

222 months

Sunday 28th August 2011
quotequote all
Possibly even better is

www.thisismoney.co.uk

R.




MigX

Original Poster:

791 posts

195 months

Sunday 28th August 2011
quotequote all
thanks. problem is that im quite ignorant when it gets to savings and investments.