Best savings account?

[MookJong]

Recommendations for £500 a month to be put into. Shouldn't be accessed at anytime during the savings period if things don't go completely **** up

Do you have a mortgage?

Overpay that if you can and get debt free...then put the monthly money into your pension.

 

[pepp77]

Do you have a mortgage?

Overpay that if you can and get debt free...then put the monthly money into your pension.

Being "gifted" the money to pay off the mortgage, the £500 then instead of going on mortgage payments is going into a savings account, in case the gifter needs it for an emergency in the next ten years - so needs to be accessible but not regularly.

 

[MookJong]

Being "gifted" the money to pay off the mortgage, the £500 then instead of going on mortgage payments is going into a savings account, in case the gifter needs it for an emergency in the next ten years - so needs to be accessible but not regularly.

Understood.

Best rated instant access cash ISA you can find then, probably. I went with ZOPA, maxed out I'm making about £80.00 a month.

 

[Disco_P]

Being "gifted" the money to pay off the mortgage, the £500 then instead of going on mortgage payments is going into a savings account, in case the gifter needs it for an emergency in the next ten years - so needs to be accessible but not regularly.

Regular savers? They are designed for a few hundred a month with higher interest rates