Cooperman
Roger Freestone
- Joined
- Jun 27, 2020
- Messages
- 9,443
- Reaction score
- 2,346
It’s definitely worth you investing half an hour of your time and speaking with your bank/BS. There is every chance that they will be able to set you up with a cash ISA or fixed term bond which has a guaranteed rate of return with zero risk of capital loss. Your money will remain in one place (in terms of establishment), you will get visibility of it through your phone app and will avoid paying tax on interest earned. This short phone call might be worth hundreds of pounds a year in increased interest.My savings are all in one bog standard savings account because I’m a shithouse and I like to know where my money is at all times. I’m definitely not making the most of it.
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