Im getting a £4500 scholarship in two £2250 installments. I have savings and student loan so I don't need it in a current account. Any ideas about the best place to put it would be/ know any high interest savings accounts?
Scholarship- where should I put it? Watch
- Thread Starter
- 15-11-2008 01:30
- 15-11-2008 01:48
Check price comparison sites (moneysupermarket is one) for ISAs, they give you tax free interest. I don't want to give you any specifics, as I'm sure I once said yeah to someone when they asked if Kaupthing looked good. Obviously individuals lost nothing, but still.
Just make sure they are covered by the FSA, there are probably other regulators in European countries that will protect your savings as a British investor, but that's for you to decide if you want to use them or not.
Oh and did you declare it to the SLC, they'll want to know about it.
- 15-11-2008 01:50
dont put it in an icelandic bank.....