What to do with money?

Former Member

I have around £500 so far in a tin that I am saving. Next week this will increase to about £1700. The thing is I do not want this lying around the house anymore but I do not want to put it in my current account. It is birthday money and such that I want to keep hold of for the time being and not have it tied up in an account that I cannot access whenever I want.

What would be the best thing to do? Can anyone recommend a good account?

Former Member

LLoyds TBS tracker saving acount? I have this. You have a choice of whether or not to gert a card with this. If you don't get the card, you can't just draw out money whenever you like.

Former Member

Put it in a savings account (Instant Access) so you can get you mits on it whenever you like.

I would never be able to resist the temptation just to blow it all. Go shopping in New York, that will be good. :yes:

Former Member

I have a montly saver with Lloyds at the moment. I think this turns into a Guaranteed Tracker after a certain amount of time. I want to keep this money separate. I am with Lloyds at the moment but I would not mind opening an account with another bank if it has good rates.

Former Member

Get an ISA? The interest you earn is paid tax free (unlike any other savings/bank intrest). There are plenty of instant access ones around. Just use a comparison website or the tables in the sunday papers to find one for you.

Former Member

.

Former Member

instant access ISA. I think all the banks do them. big tax free interest. I forget the limit, I think it's gone up to £7k per tax year though.

I've one with nationwide, tis good

Former Member

A&L debit account, credit account, saver account and ISA account. Various saving oppurtunities without the need to give them 1 month's notice when withdrawing money like back in the "grey book" days.

Save, withdraw, go.

Former Member

give it to me?