Home & Garden3 mins ago
100k to invest
4 Answers
A colleague of mine (lucky person) has the above amount to invest.
What is the best account interest wise for him? He needs instant access too.
Many thanks.
What is the best account interest wise for him? He needs instant access too.
Many thanks.
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.With that amount of money I would shop around the main high street banks. They will be biting his hand off! Recently, we had a lump sum of money (nowhere near the amount you are quoting) and it was in the bank no more than 24hrs and we were called in 'for a chat'! We listened to the options and went away and shopped around for a similar deal.
The highest interest will be paid where it can be locked for a period of time but if he wants instant access, the options will be less. However, he could lock X amount away and still have an amount for easy access.
The highest interest will be paid where it can be locked for a period of time but if he wants instant access, the options will be less. However, he could lock X amount away and still have an amount for easy access.
http://www.moneysupermarket.com/Savingsp/Defau lt.asp
This gives the best company based on your circumstances.
This gives the best company based on your circumstances.