mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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Im saving up for my deposit on my first house, Im saving about 10 - 15k
I currently just have a building society savers account which I chuck at random between £300 - £700 a month in
I just take it out my earnings and deposit it in cash over the desk into my account,
Is there anything I could do to strech it further like High interest accounts or summat that would make my dosh go a bit further?
Im not clued up on this at all
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Cash ISA - £3600 investable a year every year, 5 or 6% APR interest free, instantly accessable!
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
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what he said
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Russ
Member
Registered: 14th Mar 04
Location: Armchair
User status: Offline
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Abbey used to (not sure if they still do) a high risk ISA< basically they throw ur money on the stock market and could get upto 14%, but could get very little.
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Thats a shares ISA & im not sure if you still get them...........
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Russ
Member
Registered: 14th Mar 04
Location: Armchair
User status: Offline
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yeah sorry thats a shares ISA, you can invest more, i think its 7600 a year. not sure if accessible either..
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mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
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thats what was putting me off an ISA, If a tradgedy happened and I needed my savings could I get at them if they were in an ISA
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
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you can on a cash isa
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Cash Isa's safe as having money in the bank, its just another type of account, plus you can get instant access to the money, transfer online etc!!
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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http://www.moneysavingexpert.com/savings/best-cash-isa
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
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pay it to the bank of mark
not sure you would ever get it back but its worth the risk i'd say
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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I have a small ISA with National Savings & Investments - the AER% is very very low though, think I need to start moving it about.
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Doug
Member
Registered: 8th Oct 03
User status: Offline
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I have a second online banking account with barclays which isnt an ISA. Am I right to be applying for the tax heaven ISA with Barclays then?
I have 2k that I can deposit straight away
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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quote:
Originally posted by Doug
I have a second online banking account with barclays which isnt an ISA. Am I right to be applying for the tax heaven ISA with Barclays then?
I have 2k that I can deposit straight away
Yep an ISA is definetely the way forward. If you look for online only ISAs you get a better interest rate but you can only access you money online via transfers etc.
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Toby
Premium Member
Registered: 29th Nov 05
User status: Offline
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halifax 10% ISA only need a minimum of 25 quid a month or summet
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Haimsey
Premium Member
Registered: 8th May 05
Location: Nottingham Drives: Corsa B
User status: Offline
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I have a cash ISA with Abbey, dont use it, but when i do i can access the money when ever i need to 
Plus my current account and my ISA are both accessible off the same card (at an Abbey machine) 
Marcy Marc 
White Sport Progress Thread
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