We had some savings in an Investec High5 account which paid the average interest rate of the top 5 bank and building society savings accounts. This was a good deal because you were always guaranteed a decent interest rate without having to constantly move your money around.
Maybe it was too good a deal because we've just had 3 months notice that the account is ending.
The question is where to put the money? Most savings accounts only pay peanuts, even if you tie the money up for several years.
Premium bonds is one possibility.
Anyone know of anything else very low risk?
Thanks in advance.
Maybe it was too good a deal because we've just had 3 months notice that the account is ending.
The question is where to put the money? Most savings accounts only pay peanuts, even if you tie the money up for several years.
Premium bonds is one possibility.
Anyone know of anything else very low risk?
Thanks in advance.
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