I've just noticed that my thread I posted earlier has since been deleted. I can't think of any reason why this would have happened, therefore I am re-posting it. If there is a problem please can someone let me know, so I know for future, rather than just delete it.
Hi there,
First time post from a newbie here!
I'm 27, in full time employment with a desperate need to go travelling for a year or so.
I've always struggled to save money but last year I opened up a mini-ISA with ING Direct. I've now got my hands on a little bit more money and also intend up selling A LOT of things to get some more money to save. Don't get me wrong, I'll only have between £1,000 - £3,000 to start off saving - so not a huge amount, but I would like to find the best way of getting the highest amount of interest possible.
I am confident that I can leave the money untouched for one year and I could also deposit a minimum lump sum of £1,000
I am wondering whether I should just continue to add this money into my mini-ISA, or try one of the other options which I have read about on this site:
Savings account with ICICI Bank (HiSAVE Fixed Rate Account @ 7.20% AER).
Halifax International Regular Saver Account. 10% AER/Gross PA for one year, then transferred into the Sterling Variable Rate Halifax International Web Saver account.
If allowed, change my mini-ISA account to one offering a higher rate of interest.
As I don't really have a great knowledge when it comes to saving the above is only really what I have found to be on offer. So any other options anyone can suggest will be gratefully received.
I look forward to reading your advice.
Many thanks.