Savings

[chin85]

If I was going to save �50 a week for the next 3 years, where is the best place to put it?

[chrisn]

With your money in an ING savings account, assuming your balance starts at zero and you save 50 quid a week every week, you will earn 57 quid interest in your first year, 187 in your 2nd and 326 in year 3.

 

Therefore your total savings will be 8370GBP, based on ING's rate of 4.89% AER.

http://www.ingdirect.co.uk

I have an account with them and have found them to be friendly and professional.

[pamnez]

Under the floorboards.

[ianess]

Contact me direct for my bank account number.

[stevie21]

Go to moneyfacts.co.uk. Abbey and Halifax have accounts that pay around 7% altho' they drop after the first year to nearer 5%