My parents and grandparents had set up several savings accounts for me when I was younger and we were going through them today and it transpires that I have £34k spread out across 5 different accounts, that since I've turned 18 are now very low interest and so not particularly beneficial. What is the best way I can save this money?
It's unlikely I will be needing to access my savings whilst at uni since I'll be receiving a high loan + bursary and might get a job (which will end up being more than enough for uni fees), so I won't necessarily need an account which is easy access. I did a little research and found some ISA's with 2% interest and a max of £20k deposit. Would it be wise to split the £34k into two £17k's in separate ISA's and then they'd mature in 2020 the same year my degree ends? I'm obviously no expert though haha.
Thanks!
Submitted September 14, 2017 at 07:00AM by ben552284 http://ift.tt/2h45b0B
