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    I have a Lloyds Monthly saver that is fixed for 12 months. This means it comes out of its time next weekend and I don't know where I would be best to put the money I've saved. I do have a junior ISA but I'm not sure if that's the right place.

    Any suggestions would be appreciated.
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    (Original post by brainzistheword)
    I have a Lloyds Monthly saver that is fixed for 12 months. This means it comes out of its time next weekend and I don't know where I would be best to put the money I've saved. I do have a junior ISA but I'm not sure if that's the right place.

    Any suggestions would be appreciated.
    How old are you?
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    (Original post by claireestelle)
    How old are you?
    17
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    (Original post by brainzistheword)
    17
    If you don't mind putting cash away till your 18 then the junior ISA has the highest interest rate.
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    (Original post by claireestelle)
    If you don't mind putting cash away till your 18 then the junior ISA has the highest interest rate.
    That is a very good point. However, say reached the max junior allowance, then where would I put any excess?
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    (Original post by brainzistheword)
    That is a very good point. However, say reached the max junior allowance, then where would I put any excess?
    I think you could drop feed some into a help to buy ISA if you can make the initial deposit or if you earn enough from wages then a value added current account might be possible
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    (Original post by claireestelle)
    I think you could drop feed some into a help to buy ISA if you can make the initial deposit or if you earn enough from wages then a value added current account might be possible
    Yes, a Help To Buy was something I was considering, and I'm sure there is something that says you can open 2 ISAs if you're 16-17 because you can have a child's one and an adult one. Am I correct in thinking that?
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    (Original post by brainzistheword)
    Yes, a Help To Buy was something I was considering, and I'm sure there is something that says you can open 2 ISAs if you're 16-17 because you can have a child's one and an adult one. Am I correct in thinking that?
    Yes that's correct, it's a handy little loophole
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    (Original post by claireestelle)
    Yes that's correct, it's a handy little loophole
    It certainly is - thanks for your help
 
 
 
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