Savings??? Watch

landocalrissian69
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I have about 2 grand i would like to put away somewhere, and hopefully gain a bit of interest. Anyone know the best way at the moment? I dont want to mess about with stocks, just a savings account or ISA.
Any help appriciated
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-WhySoSerious?
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Savings account won't really get you anywhere in this climate.
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pipsi
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An isa would be your best bet if you don't already have an ISA account. If you don't need access to it then you'll likely get a better deal. Try this website http://www.moneysavingexpert.com/?gc...FaBb4wodn3q7kw they do a good comparison on different savings accounts.
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daveeee
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Keep in mind an ISA is a longterm investment.
i.e. your unlikely to see a significant increase in value at the moment (in fact it will probably loose money).
Over a period of time though, say roughly 10 years, you'll hopefully begin to see an improvement.
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dhr90
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If you know for certain you won't want access for a year or 2 then look into Bonds. You may only get £20-£60 in the year (I don't know current interest rates), but it could well be mroe than an ISA, but then you lose money if you need to cancel the bond before it matures.
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hypocriticaljap
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(Original post by daveeee)
Keep in mind an ISA is a longterm investment.
i.e. your unlikely to see a significant increase in value at the moment (in fact it will probably loose money).
Over a period of time though, say roughly 10 years, you'll hopefully begin to see an improvement.
not a cash ISA surely?
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nase14_aldayz
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(Original post by landocalrissian69)
I have about 2 grand i would like to put away somewhere, and hopefully gain a bit of interest. Anyone know the best way at the moment? I dont want to mess about with stocks, just a savings account or ISA.
Any help appriciated
See if Natwest still do their E-ISA, you can get a lot of interest from that.
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dhokes
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Social lending.
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warandpeace
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Nationwide offers a one year e-bond at 2.75% and if you earn below the tax threshold you won't need to pay tax on that as long as you fill in an R85 Form just ask for one in which ever bank you go with.

http://www.nationwide.co.uk/savings/...ond-annual.htm
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hypocriticaljap
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First Direct cash ISA betters that at 2.96% tax free
http://www.firstdirect.com/savings/c...gs_ISA0617_Nov
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Illusionary
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#11
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Take a look here: http://www.moneysupermarket.com/savings/
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Niaya
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(Original post by dhokes)
Social lending.
this - ive made more than i have from my isa
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