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    I've been left some inheritence money (a few thousand pounds) and am wanting to put it into a high interest account. Does anyone know the best interest rates at the moment? I would like it to be accessible as opposed to not being able to touch any money for 5 years or so. Help would be much appreciated
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    Your not going to get brilliant returns on your savings at the moment. The best bet would probably be a tax-free ISA, there's some good advice on this website, have a we read of the articles etc.

    http://www.moneysavingexpert.com/ban...PensionInvestm
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    (Original post by Rian1988)
    Your not going to get brilliant returns on your savings at the moment. The best bet would probably be a tax-free ISA, there's some good advice on this website, have a we read of the articles etc.

    http://www.moneysavingexpert.com/ban...PensionInvestm
    An ISA may be a good bet, but bear in mind that you can only invest £3,600 in a cash ISA per year (rising to £5,100 per year from next April), and the tax-free status is only useful if you're actually earning enough to have to pay tax (currently, this means earning more than £6,475 in a year). Otherwise, there may well be accounts out there with better rates.
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    Not what you want in terms of investing a lump sum really, but Lloyds is doing a monthly saver at a rate of 5%. Atm I'm decanting some of my ISA savings into it, but you can only put in £25 to £250 per month. And it only stays on 5% for one year.
 
 
 
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