Best Way to Work £20k Savings?

[st_files]

I have this in differing savings accounts not doing much due to low interest rates.

Anyone got any advice on how I can best work this money (at zero risk)? All advice gratefully received.

[Fittster]

st_files said:

zero risk

Does that actually exist?

How long are you willing to lock your cash away for?

[st_files]

Fittster said:

st_files said:

zero risk

Does that actually exist?

How long are you willing to lock your cash away for?

12 months, be handy if I could dip into it with a months notice though

[Somewhatfoolish]

if you could bump it up to 25k the investec thing I forget the name of is good, that's 30 day withdrawl and tracks the average of the top 5 savings accounts for rates...

[RichyBoy]

M&S is doing a 4% bond which is backed by HSBC. You can take the money out early but I think there's a £100 penalty.

[Ribol]

Somewhatfoolish said:

if you could bump it up to 25k the investec thing I forget the name of is good, that's 30 day withdrawl and tracks the average of the top 5 savings accounts for rates...

High 5 Account, 3 months notice:

http://www.investechigh5.co.uk/

[sinizter]

Ribol said:

Somewhatfoolish said:

if you could bump it up to 25k the investec thing I forget the name of is good, that's 30 day withdrawl and tracks the average of the top 5 savings accounts for rates...

High 5 Account, 3 months notice:

http://www.investechigh5.co.uk/

Not available as of 25th March.

[Ribol]

sinizter said:

Ribol said:

Somewhatfoolish said:

if you could bump it up to 25k the investec thing I forget the name of is good, that's 30 day withdrawl and tracks the average of the top 5 savings accounts for rates...

High 5 Account, 3 months notice:

http://www.investechigh5.co.uk/

Not available as of 25th March.

Good spot - looks like I got in just in time then