ChatterBank1 min ago
I have �2000 to invest for 9 months
4 Answers
However, I do need to be able to get to it at the end of the 9 months so can't do anything risky such as shares etc.
Anyone know of any good savings accounts/ISA etc out there that will give me a fairly good rate?
Thanks in advance. x
Anyone know of any good savings accounts/ISA etc out there that will give me a fairly good rate?
Thanks in advance. x
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.Whatever is the best rate today may be well down the best buy tables within a few months- rates are very unsettled at the moment and some banks will shortly be reducing rates following the recent change to base rate. Base rate is likely to fall again soon so the unsettled opicture may continue..
At 5% pa (which is optimistic looking into early next year) your �2000 will earn you about �60 interest after tax over the 9 months.
At 5% pa (which is optimistic looking into early next year) your �2000 will earn you about �60 interest after tax over the 9 months.
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