Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Where to put a reasonable amount of money.

2 replies

notacooldad · 25/01/2023 17:50

I have saved £70,000+
At the moment it is just in a bog standard saving account. I am thinking of moving house but not sure when, maybe spring, maybe summer so the money will be used for that.
However in the meantime what am I best doing with it? I don't want the money tied up long term.

OP posts:
Coffeesnob11 · 25/01/2023 17:51

You can pit £50k in premiums bonds which is what I did with the house deposit and isa for the rest?

Xanorra · 25/01/2023 18:02

If you’re going to spend it in the next few months that limits your choices. You could put some in a cash ISA (no tax) or a higher rate savings account but generally the better rates are only available if you’re ready to lock the money for at least a year. Have you looked at the comparison sites eg money supermarket?
PBs you might win a million or nothing at all as prizes are not guaranteed.

New posts on this thread. Refresh page