I have 300,000 to put into an instant access account, which one is best?

by , 3 months agoOpen Question

Answers (1)

Hi norksy, and welcome to the forum.

I'm guessing this might be the proceeds of a house sale? You can compare instant access accounts here...

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

It might be wise to split the money between more than one account with unrelated banks, as the FSCS will only cover you for up to ?85,000 per person per institution. Or up to ?170,000 for a joint account.

by fruitcake, 3 months ago

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