Best interest rate on Lump sum

doniepony · 2011-10-05 20:18:24

Hey all I have been lucky enough to recieve a large lump sum (inheritance)-over 40k. I am a little unsure what to do with the money as I have not previously had this amount of 'spare' money. I have been looking at various savings accounts from seperate banks but am a little confused still. I would appreciate any feedback…

05-10-2011 09:18PM

#1

doniepony

Registered Users, Registered Users 2 Posts: 89 ✭✭

Join Date: July 2008

Posts: 48

Hey all

I have been lucky enough to recieve a large lump sum (inheritance)-over 40k. I am a little unsure what to do with the money as I have not previously had this amount of 'spare' money. I have been looking at various savings accounts from seperate banks but am a little confused still. I would appreciate any feedback or advice from people who are more in the know then I am. I could probably go without the money for a year or up to 18 months and at that stage I will definately need access to probably half at least. Maybe I am looking at the wrong options so I would appreciate any advice or experience people have.

Kind regards

Don

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#2 06-10-2011 09:49AM

foxyboxer

Closed Accounts Posts: 3,528 ✭✭✭

Join Date: June 2006

Posts: 3473

Lot's of up to date details here.

http://www.askaboutmoney.com/showthread.php?t=90481

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