Best savings rates 50'000 - no withdrawls?
- SumDudeLv 76 months ago
A 3 yr CD might get a bit over 3% in the U S. idk England
- SlumlordLv 76 months ago
If you don't mind a bit of risk then just put it into an indexed mutual fund. Very low expenses and the funds will go up or down with the stock market. Yeah, if the stock market goes down then they will to but the market goes up on the average around 10% per year (in the USA - not sure about the UK) though there are plenty of 2 years periods where it goes down and other 2 year periods where it goes way up. If you insist on putting the money somewhere that is completely 100% risk free (which is still relative because of unknown inflation and exchange rates) then you will make far less in interest on average, probably won't even keep up with inflation, but if this is what you'd prefer then best luck and also it won't matter to much where you put the money as the .1% difference in the best and a really good interest rate just isn't alot of money, - just google what are good savings account interest rates.
- 6 months ago
best rates for 50.000 pounds no withdrawals for 2 years