Where to put cash?
Where to put cash?
Author
Discussion

Greenmantle

Original Poster:

2,141 posts

137 months

Tuesday 9th August 2022
quotequote all
Afternoon

I'm currently sticking cash away (approx £3000 per month)
Not looking at long term investment.
Just looking for the best cash savings account with say a withdrawal notice period of say 1 to 3 months.
My current building society has just become a PITA since they have withdrawn the two different savings accounts that I use. Don't know why?

Can anyone suggest a good building society / online savings company.
I had a look at MoneySavingExpert but both OakNorth and Zopa seem too "New Fangled / Slick Website" for me.

Thanks.

bogie

17,062 posts

301 months

Tuesday 9th August 2022
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I just use NS&I Premium bonds for cash ...only downside is it takes a month before you are in the draw. You can withdraw cash in 48hrs, all done online.

Whether it outperforms a savings account is down to luck ...you are essentially gambling with the small pittance of interest you would have got smile

The Ferret

1,289 posts

189 months

Tuesday 9th August 2022
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Plenty of places now offering better rates for savings now.

I've been using Chase (JP Morgan) for around 6 months now and pretty impressed with it, although I do wonder when they will look to increase their 1.5% savings rate given that it was being paid before the recent base rate increases.

skeeterm5

4,583 posts

217 months

Tuesday 9th August 2022
quotequote all
For a simple comparison look at https://savingschampion.co.uk/best-buys

Just look down the left hand side for the type of product you need and you can see it all clearly laid out.