Where to put lump sum?

[Littlemiss74]

I’ve been gifted £20k, currently in my bank account. We would like to have a holiday & do some bits to tidy up the garden and then save the remainder for now.
Could anyone suggest the best place to put the money immediately until we’re ready to pay for these things?
I have ADD & find it hard to make decisions & get overwhelmed by all the options when I look online.
Any suggestions would be really appreciated so i can at least narrow the options down.

The best easy access savings account at the moment is Atom bank with an interest rate of 0.75%. I'd shove it all in there so at least it's earning interest.

In terms of other accounts, you need to decide how much you are going to save and if/when you might want to access that. You'll generally get a better interest rate if you tie your money up for longer.

You could buy premium bonds. MIght win a lot more while your money is there.

Premium bonds.

I wouldn't put them in Premium Bonds. We've had £10k in PB for just over a year and have won £25. That's not very good......

www.moneysavingexpert.com/savings/premium-bonds/

Premium Bonds. You might be lucky. I have been. And I needed some of my investment unexpectedly on Monday. It hit my bank account in 2 days. So very accessible. I did it online.

Put any savings in an ISA.

For the rest, if you are going to spend it within the next year, then it probably doesn't make much difference whether you keep it in your regular bank account or something else.