I have a large sum of money from selling my house. What type of savings account should I put this in, if I want to earn the best possible interest rat

There are a huge range of savings accounts, as well as a number of investment products, that may be suitable for you.

We would suggest that you sit down with one of our qualified Personal Financial Advisor (PFA) to go over all the options available to you.

The right type of account for you will depend on a number of factors, for example access requirements and how often you need to withdraw your money. If you can afford to make limited withdrawals (if any) then a fixed rate account will offer you a high rate of interest. However, if you'd prefer to make regular withdrawals, then an easy access account may be a better option.

If you want to earn the best interest rate, and you can afford to leave your money untouched, then I would suggest looking at fixed rate accounts or an ISA. One option may be a Halifax Guaranteed Reserve account, which offers different tiers for the more you save.

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