What is the best way to invest £30K for under 1 year

by , 3 months agoOpen Question

Answers (2)

Hi carolem36, and welcome to the forum.

Assuming you've used your cash ISA allowance for the current tax year, then you could consider a 6 month fixed rate bond (there aren't many of these around) or an instant access account.

Have a look here compare fixed rate bonds, instant access accounts, and cash ISAs...

http://www.money.co.uk/savings-accounts.htm

by fruitcake, 3 months ago

Possibly, if you know when you want it back, a deposit with a notice period, e.g. if the notice period is 90 days just make sure you ask for the withdrawal (closure) 3 months before you want it. Time consuming to research all the T&Cs tho' I will admit.

by ihateavatars, 3 months ago

Posts within the money.co.uk community represent the views, experiences and opinions of members only. They should not be taken as financial advice and should not be followed without further research.

Get our free money saving newsletter
Join over 480,000 other subscribers who grab our expert money tips, unmissable money guides & hottest bargains each week in our special email...

More Questions for Savings Accounts

Open Questions
Closed Questions
Join Our Community

Get fast answers to your money questions, Expert insight, top tips & much more...