{"id":465911,"date":"2022-10-13T14:21:26","date_gmt":"2022-10-13T13:21:26","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=465911"},"modified":"2026-02-11T11:39:03","modified_gmt":"2026-02-11T11:39:03","slug":"savings-accounts-for-a-lump-sum","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum","title":{"rendered":"Savings accounts for a lump sum"},"content":{"rendered":"<p>With so many different savings accounts to choose from, it can be difficult to know where to invest a lump sum of cash. This guide takes a detailed look at your options to help you make the right choice.<\/p><div class=\"keyTakeaways\">\n  <div class=\"keyTakeaways__header\">\n          <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"32\" height=\"21\" viewbox=\"0 0 314.16 201.03\" fill=\"none\">\n  <path d=\"M212.32,190.62c-19.66,0-38.8-6.44-54.42-18.24-15.63,11.79-34.77,18.24-54.42,18.24-49.84,0-90.39-40.55-90.39-90.39V9.83h199.24c49.84,0,90.39,40.55,90.39,90.39s-40.55,90.39-90.39,90.39Z\" fill=\"white\"><\/path>\n  <path d=\"M212.32,15.9c46.57,0,84.33,37.75,84.33,84.33h0c0,46.57-37.75,84.33-84.33,84.33h0c-20.75,0-39.74-7.51-54.42-19.94-14.69,12.43-33.68,19.94-54.42,19.94h0c-46.57,0-84.33-37.75-84.33-84.33V15.9h193.18M212.32,3.76H7.01v96.46c0,53.19,43.27,96.46,96.46,96.46,19.47,0,38.46-5.92,54.43-16.84,15.96,10.91,34.95,16.84,54.42,16.84,53.19,0,96.46-43.27,96.46-96.46S265.51,3.76,212.32,3.76h0Z\" fill=\"#232320\"><\/path>\n  <path d=\"M216.34,90.21c.19-1.69,1.76-2.87,3.43-2.6,11.91,1.94,22.41-7.31,20.93-20.1-.45-3.93-2.28-6.56-4.43-9.31-1.05-1.35-.74-3.34.71-4.26,15.6-9.82,31.64-1.91,40.78,13.29,11.21,18.64,11.54,47.15.53,65.94-15.41,26.3-42.91,23.48-56.04-3.04-6.09-12.29-7.47-26.4-5.92-39.93Z\" fill=\"#232320\"><\/path>\n  <path d=\"M105.92,90.21c.19-1.69,1.76-2.87,3.43-2.6,11.91,1.94,22.41-7.31,20.93-20.1-.45-3.93-2.28-6.56-4.43-9.31-1.05-1.35-.74-3.34.71-4.26,15.6-9.82,31.64-1.91,40.78,13.29,11.21,18.64,11.54,47.15.53,65.94-15.41,26.3-42.91,23.48-56.04-3.04-6.09-12.29-7.47-26.4-5.92-39.93Z\" fill=\"#232320\"><\/path>\n<\/svg>        <h3 data-toc=\"false\">Key takeaways<\/h3>\n  <\/div>\n\n    <ul>\n          <li>There\u2019s a wide range of different account options.<\/li>\n          <li>If your lump sum is quite large, you might end up paying tax on the interest you earn.<\/li>\n          <li><a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/cash-isas\">An ISA<\/a> could help you pay less tax.<\/li>\n          <li>If you want to access your money easily go for <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/easy-access-savings\">an easy-access account<\/a>.<\/li>\n          <li>If you want to put your money away for a longer time to earn a higher rate, choose a <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\">fixed-rate bond<\/a>.<\/li>\n      <\/ul>\n\n  \n  <\/div>\n<h3>What is a lump sum?<\/h3><p>A lump sum is simply a large chunk of money paid in a single payment rather than lots of smaller ones. It could be a few hundred or thousand pounds.<\/p><p>There are reasons why you might have a lump sum to pay into a savings account. For example, you might have:<\/p><ul><li>Inherited some money<\/li><li>Sold a property<\/li><li>Received a bonus at work<\/li><li>Received a redundancy payment<\/li><li>Received a large gift<\/li><\/ul><h3>Long-term ambitions with the lump sum<\/h3><p>Knowing where to invest a lump sum isn\u2019t always an easy decision to make. But thinking about your future plans and ambitions is a good place to start. Consider whether you would be able to cope without this money for a few years or if you would prefer the flexibility of getting access to it if needed.<\/p><p>For example, if you\u2019re planning to buy a home in the next year or 2, it\u2019s better to keep your money in an <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/easy-access-savings\">easy access savings account<\/a> or a short-term fixed rate bond such as <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\/6-month-fixed-rate-bonds\">6 months<\/a> or <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\/best-1-year-fixed-rate-bonds\">1 year<\/a>. These enable you to withdraw your money again in the near future and use it to put down your house deposit or pay for improvements.<\/p><p>However, if your savings goals are longer term \u2013 if you want to pay for your young child\u2019s university fees or you\u2019re thinking about your retirement \u2013 you might be better off locking it away in a <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\">long-term bond<\/a> or even <a href=\"https:\/\/www.finder.com\/uk\/investing-for-beginners\">investing it in the stock market<\/a>.<\/p><p>You could do these through an investment fund or <a href=\"https:\/\/www.finder.com\/uk\/stocks-and-shares-isas\">a stocks and shares individual savings account (ISA)<\/a>, but it\u2019s sensible to seek advice from an independent financial adviser first.<\/p>\n    <div id=\"signpost\" class=\"u-rounded--lg has-padding-small has-margin-top-small has-margin-bottom-small u-bg--lime-500\">\n<div class=\"u-grid u-grid--alignMiddle\">\n<div class=\"u-grid__col u-1\/4@s u-1\/5@m text-center has-margin-top-xxsmall has-margin-bottom-xxsmall\">\n<img decoding=\"async\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/apps.png\" alt=\"Savings apps\" style=\"width: 100%; max-width: 320px;\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/apps.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/apps.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/apps.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/apps.png?fit=900 900w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/apps.png?fit=960 960w\" sizes=\"(max-width: 960px) 100vw, 960px\" loading=\"lazy\">\n<\/div>\n<div class=\"u-grid__col u-3\/4@s u-4\/5@l\">\n<div class=\"u-grid u-grid--alignMiddle\">\n<div class=\"u-grid__col u-3\/4@l has-margin-top-xxsmall has-margin-bottom-xxsmall\">\n<div class=\"u-italic has-margin-bottom-xxsmall\" style=\"font-size:1.2em; line-height: 1.2; letter-spacing: -0.2px;\">Save smarter with a high-interest saving app<\/div>\n<p style=\"font-size: 16px; line-height: 22px;\">Open an account in less than 5 minutes, then track it from your phone. Plus explore a range of features like round-ups, auto-saving, pots, goals and more.<\/p><\/div> \n<div class=\"u-grid__col u-1\/4@l has-margin-top-xxsmall has-margin-bottom-xxsmall\">\n<a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/best-mobile-savings-apps\" class=\"luna-button luna-button--fluid luna-button--primary\">Explore apps<\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n<h3>Savings accounts vs investment accounts<\/h3><p>If you\u2019re investing over the long term, the stock market is likely to provide higher returns than leaving your money in a savings account. However, investing in the stock market is much riskier than saving in cash. The more risk you take, the higher the potential returns, but you could also end up getting back less than you originally invested. <\/p><p>This means that investing is not a decision to be taken lightly. If you\u2019re going to do it, be prepared to invest for at least 5 years, preferably longer. For this reason, it will only be a suitable option if you do not need access to your lump sum for a long time.<\/p><p>If you have a large sum to invest, you could spread the risk by investing in a range of investments across different products and areas. But it\u2019s always worth speaking to a financial adviser first. They can help assess your long-term goals and attitude to risk and pick the best investments for you. You can also visit our guide on <a href=\"https:\/\/www.finder.com\/uk\/investing-for-beginners\">investing for beginners.<\/a><\/p><p>However, if your savings goals are shorter-term, you\u2019ll be better off with a standard savings account. If you need to withdraw your money soon, consider picking an easy access savings account. Shop around to find the one with the highest interest rate.<\/p><p>Interest rates are usually variable, but this can work to your advantage if the base rate is rising as your savings rate is likely to increase too.<\/p><p>Alternatively, if you can leave your funds locked away for <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\/6-month-fixed-rate-bonds\">6 months<\/a> to <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/fixed-rate-bonds\/best-5-year-fixed-rate-bonds\">5 years<\/a>, a fixed rate bond is another option worth exploring. These accounts are ideal for lump sums as you can\u2019t add further funds to your account during the term. Interest rates tend to be higher than for easy access accounts, but they are fixed. This means if the base rate goes up, you won\u2019t benefit. But if the base rate falls, your savings rate is protected and will remain unchanged. You may not access your money during the term without paying a penalty.<\/p><p>If you want something in the middle, there are also <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/notice-savings-accounts\">notice accounts<\/a>. These let you access your money provided you give between 30 and 180 days\u2019 notice, depending on the account. Interest rates are typically higher than for easy access accounts.<\/p><p>Of course, there\u2019s nothing stopping you from putting some of your lump sum in a savings account and investing the remainder in the stock market. This could be a good option if you might need to access some of your cash in the near future but can leave the rest of it untouched for a few years. It also reduces the amount of risk you\u2019re taking.<\/p><div class=\"newsletter-wrapper\"><\/div>\n<div class=\"newsletter-signup sticky-mode theme-green\" data-accountcreateflow=\"newsletter\" data-displaydelay=\"0\" data-showformembers=\"1\">\n    <div class=\"signup-grid\">\n                                <div class=\"signup-image\">\n                <img decoding=\"async\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png\" alt=\"newsletter-image\" class=\"signup-image-img\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=900 900w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/george4.png?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\">\n            <\/div>\n                        <div class=\"signup-content\">\n                <div class=\"signup-content-left\">\n                    <h2 class=\"signup-header\">Be first to know about new deals<\/h2>\n                                        <p class=\"signup-text\">Sign up to receive the latest deals, tips and a chance to <strong>win \u00a3400!<\/strong> (T&amp;Cs)\n                                            <\/p>\n                                    <\/div>\n                <div class=\"signup-content-right\">\n                    <div class=\"form\">\n                        <div class=\"email-group \">\n                            <label for=\"email-default\" class=\"sr-only\">Email address:<\/label>\n                            <input class=\"email-input\" id=\"email-default\" type=\"email\" placeholder=\"Enter your email\" name=\"email\" data-prefill=\"me.notes.createAccountEmail\">\n                            <button class=\"email-btn\">\n                                <span class=\"btn-text\">Sign up<\/span>\n                                <span class=\"loading-spinner\"><\/span>\n                            <\/button>\n                        <\/div>\n                        <p class=\"error-msg\"><span class=\"error-msg-text\">Error placeholder<\/span> <span class=\"error-msg-sign-in\"> Click <a class=\"error-msg-sign-in-link\" href=\"https:\/\/www.finder.com\/uk\/user-profile\/sign-in?returnTo=https%3A%2F%2Fwww.finder.com%2Fuk%2Fuk%2Fwp-json%2Fwp%2Fv2%2Fposts%2F465911\">here<\/a> to sign in<\/span><\/p>\n                    <\/div>\n                    <div class=\"links\">\n                                                    <a href=\"https:\/\/finder.com\/uk\/about-us\/competition-winners\">Winners<\/a> |                                                    <a href=\"https:\/\/www.finder.com\/uk\/about-us\/example-email#savings\">Emails<\/a> |                                                    <a href=\"https:\/\/www.finder.com\/uk\/communication-preferences\">Unsubscribe<\/a> |                                                    <a href=\"https:\/\/www.finder.com\/uk\/privacy-policy\">Privacy<\/a>                                             <\/div>\n                <\/div>\n            <\/div>\n                <div class=\"hide-btn\">\n            Hide\n            <svg class=\"luna-icon luna-icon--xsmall has-margin-top-xxsmall\">\n                <use xlink:href=\"#chevron-down\"><\/use>\n            <\/svg>\n        <\/div>\n    <\/div>\n<\/div>\n\n<h3>How to choose the best savings account<\/h3><p>When seeking the <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/best-savings-accounts\">best savings account<\/a> for you, it\u2019s important to keep the following points in mind:<\/p><ul><li><strong>Do you need to access your funds soon?<\/strong> You may want to choose an easy access savings account, a notice account or a short-term fixed rate bond.<\/li><li><strong>Are you happy banking online?<\/strong> Many banks offer online banking options, but choose a local bank if you prefer to visit in person.<\/li><li><strong>Are you likely to exceed your personal savings allowance?<\/strong> Basic-rate taxpayers can earn up to \u00a31,000 in interest each tax year without paying tax. Higher-rate taxpayers can earn up to \u00a3500. If you go over this amount, an ISA might be a better choice as all earnings are tax-free. Just remember that you can only invest up to \u00a320,000 in the 2026\/2027 tax year.<\/li><li><strong>What is the minimum deposit?<\/strong> Make sure you check as this can vary. Some accounts can be opened with as little as \u00a31 while others might require an initial deposit of a few thousand pounds.<\/li><li><strong>How risk-averse are you?<\/strong> If you\u2019re happy to take on more risk, investing in the stock market has the potential to offer greater returns provided you invest over the long-term.<\/li><li><strong>Is your bank protected by the FSCS?<\/strong> If your provider (and the activity they are carrying out for you) is authorised by the Financial Conduct Authority or the Prudential Regulation Authority, your money will be protected under the Financial Services Compensation Scheme (FSCS). This protects up to \u00a3120,000 per person per financial institution. If your lump sum is more than this, you can spread it across more than one provider. Note that some providers share the same banking licence so you\u2019ll still only be protected up to \u00a3120,000 in total. Check the Financial Services Register and see which providers are linked in this way.<\/li><\/ul><p>You may wish to check out our dedicated guides on the <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/best-savings-account-for-10000\">best savings accounts for \u00a310,000<\/a>, <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/best-savings-account-for-20000\">\u00a320,000<\/a> and <a href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/best-savings-account-for-50000\">\u00a350,000<\/a>.<\/p><h3>Pros and cons<\/h3><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Interest rates can be higher if you have a lump sum to invest.<\/li>\n                                    <li>You'll usually have more savings options to choose from.<\/li>\n                                    <li>Investing your money could lead to greater returns.<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>You may pay a penalty if you withdraw your money before the term ends.<\/li>\n                                    <li>Investment accounts are higher risk.<\/li>\n                                    <li>Tax will be payable on any interest income outside an ISA that exceeds your personal savings allowance (\u00a31,000 for a basic-rate taxpayer and \u00a3500 for higher-rate taxpayers).<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<h3>Bottom line<\/h3><p>If you have a lump sum to invest, you have a wide range of savings options to choose from so consider your future plans with care. As a general rule, if you want to access your money within the next couple of years, a savings account will be the better choice. But if you can leave your lump sum untouched for at least 5 years, investing has the potential to offer greater returns.<\/p><h3>Frequently asked questions<\/h3><ul class=\"luna-accordionGroup accordionGroup\">\n\t<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000000\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000000\">\n                <span class=\"luna-accordion__title\">Should I pay off debts with a lump sum?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000000\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>If you have a lot of debt to pay off, it can make sense to pay this off first, particularly if borrowing costs are rapidly rising. However, if you're thinking about paying off your mortgage, check whether you're likely to pay an early repayment charge first.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000001\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000001\">\n                <span class=\"luna-accordion__title\">What is the best lump sum savings account?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000001\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>This depends on your personal preferences and circumstances. If you are likely to need access to your money in the near future, an easy access savings account or short-term fixed rate bond could work for you. But if you can lock your money away for a few years, a longer-term fixed rate bond or investing in the stock market could be a better solution.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n\n<\/ul>\n<article class=\"luna-card luna-card--alt\"><div class=\"luna-card__block has-padding-small\">We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms \"best\", \"top\", \"cheap\" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our <a href=\"https:\/\/www.finder.com\/uk\/terms-of-use\" class=\"fin-text-navy\">terms of use<\/a>. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.<\/div><\/article><div id=\"sources\" style=\"position: relative;\"><h3 style=\"position: absolute; width: 1px; height: 1px; padding: 0; margin: -1px; overflow: hidden; clip: rect(0,0,0,0); white-space: nowrap; border: 0;\">Sources<\/h3>\n<div id=\"lazy0000000002\"><\/div>\n<script type=\"application\/json\" id=\"lazyloaded-assets-json-lazy0000000002\" class=\"lazyloaded-assets-json\">{\"critical-scripts\":[],\"scripts\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.de087a0da9824e407767.js\"],\"styles\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.87684078d471e76125dd.css\"]}<\/script><\/div><div class=\"newsletter-wrapper\"><\/div>\n<div class=\"newsletter-signup sticky-mode theme-green\" data-accountcreateflow=\"newsletter\" data-displaydelay=\"0\" data-showformembers=\"1\">\n    <div class=\"signup-grid\">\n                                <div class=\"signup-image\">\n                <img decoding=\"async\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/kate_steere_3.png\" alt=\"newsletter-image\" class=\"signup-image-img\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/kate_steere_3.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/kate_steere_3.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/kate_steere_3.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/kate_steere_3.png?fit=900 900w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2024\/08\/kate_steere_3.png?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\">\n            <\/div>\n                        <div class=\"signup-content\">\n                <div class=\"signup-content-left\">\n                    <h2 class=\"signup-header\">FREE interest rate alerts<\/h2>\n                                        <p class=\"signup-text\">Sign up to receive the latest deals, expert tips, and a chance to <strong>win \u00a3400!<\/strong> (T&amp;Cs)\n                                            <\/p>\n                                    <\/div>\n                <div class=\"signup-content-right\">\n                    <div class=\"form\">\n                        <div class=\"email-group \">\n                            <label for=\"email-default\" class=\"sr-only\">Email address:<\/label>\n                            <input class=\"email-input\" id=\"email-default\" type=\"email\" placeholder=\"Enter your email\" name=\"email\" data-prefill=\"me.notes.createAccountEmail\">\n                            <button class=\"email-btn\">\n                                <span class=\"btn-text\">Sign up<\/span>\n                                <span class=\"loading-spinner\"><\/span>\n                            <\/button>\n                        <\/div>\n                        <p class=\"error-msg\"><span class=\"error-msg-text\">Error placeholder<\/span> <span class=\"error-msg-sign-in\"> Click <a class=\"error-msg-sign-in-link\" href=\"https:\/\/www.finder.com\/uk\/user-profile\/sign-in?returnTo=https%3A%2F%2Fwww.finder.com%2Fuk%2Fuk%2Fwp-json%2Fwp%2Fv2%2Fposts%2F465911\">here<\/a> to sign in<\/span><\/p>\n                    <\/div>\n                    <div class=\"links\">\n                                                    <a href=\"https:\/\/finder.com\/uk\/about-us\/competition-winners\">Winners<\/a> |                                                    <a href=\"https:\/\/www.finder.com\/uk\/about-us\/example-email#savings\">Emails<\/a> |                                                    <a href=\"https:\/\/www.finder.com\/uk\/communication-preferences\">Unsubscribe<\/a> |                                                    <a href=\"https:\/\/www.finder.com\/uk\/privacy-policy\">Privacy<\/a>                                             <\/div>\n                <\/div>\n            <\/div>\n                <div class=\"hide-btn\">\n            Hide\n            <svg class=\"luna-icon luna-icon--xsmall has-margin-top-xxsmall\">\n                <use xlink:href=\"#chevron-down\"><\/use>\n            <\/svg>\n        <\/div>\n    <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Find out more about the best savings accounts for lump sums.<\/p>\n","protected":false},"author":1047,"featured_media":465917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[1181],"tags":[],"asset_tag":[],"class_list":["post-465911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-savings-accounts"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Savings accounts for a lump sum<\/title>\n<meta name=\"description\" content=\"We explore the best savings accounts if you have a lump sum to invest.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Savings accounts for a lump sum\" \/>\n<meta property=\"og:description\" content=\"We explore the best savings accounts if you have a lump sum to invest.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum\" \/>\n<meta property=\"og:site_name\" content=\"Finder UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/findercomuk\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-13T13:21:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png\" \/>\n\t<meta property=\"og:image:width\" content=\"250\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Rachel Wait\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/rachelwait?lang=en\" \/>\n<meta name=\"twitter:site\" content=\"@findercomUK\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rachel Wait\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum\"},\"author\":{\"name\":\"Rachel Wait\",\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/person\/531b4649d053a94fb7388e896df73218\"},\"headline\":\"Savings accounts for a lump sum\",\"datePublished\":\"2022-10-13T13:21:26+00:00\",\"dateModified\":\"2025-09-23T12:38:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum\"},\"wordCount\":1673,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.finder.com\/uk\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png\",\"articleSection\":[\"Savings accounts\"],\"inLanguage\":{\"@type\":\"Language\",\"name\":\"English\",\"alternateName\":\"en\"},\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.finder.com\/#organization\"},\"citation\":[{\"@type\":\"CreativeWork\",\"name\":\"Financial Services Compensation Scheme\",\"url\":\"https:\/\/www.fscs.org.uk\"},{\"@type\":\"CreativeWork\",\"name\":\"Financial Services Register\",\"url\":\"https:\/\/register.fca.org.uk\/s\"}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum\",\"url\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum\",\"name\":\"Savings accounts for a lump sum\",\"isPartOf\":{\"@id\":\"https:\/\/www.finder.com\/uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png\",\"datePublished\":\"2022-10-13T13:21:26+00:00\",\"dateModified\":\"2025-09-23T12:38:13+00:00\",\"description\":\"We explore the best savings accounts if you have a lump sum to invest.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#primaryimage\",\"url\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png\",\"contentUrl\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png\",\"width\":250,\"height\":250},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"UK\",\"item\":\"https:\/\/www.finder.com\/uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Savings accounts\",\"item\":\"https:\/\/www.finder.com\/uk\/savings-accounts\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Savings accounts for a lump sum\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.finder.com\/uk\/#website\",\"url\":\"https:\/\/www.finder.com\/uk\/\",\"name\":\"Finder UK\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.finder.com\/uk\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.finder.com\/uk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.finder.com\/uk\/#organization\",\"name\":\"Finder\",\"url\":\"https:\/\/www.finder.com\/uk\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/05\/Finder-Logo-696x696-1.png\",\"contentUrl\":\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/05\/Finder-Logo-696x696-1.png\",\"width\":1392,\"height\":1392,\"caption\":\"Finder\"},\"image\":{\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/findercomuk\",\"https:\/\/x.com\/findercomUK\",\"https:\/\/www.linkedin.com\/company\/finder\/\",\"https:\/\/en.wikipedia.org\/wiki\/Finder_(website)\"],\"description\":\"Every month more than 2 million unique visitors turn to Finder to save money and time, and to make important life choices. We compare everything from bank accounts, personal loans, investing platforms and much more.\",\"email\":\"heythere@finder.com\",\"legalName\":\"Finder\",\"foundingDate\":\"2006-01-01\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"51\",\"maxValue\":\"200\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/person\/531b4649d053a94fb7388e896df73218\",\"name\":\"Rachel Wait\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.finder.com\/uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/2025\/12\/RachelWaitF1_Supplied_600x600.png\",\"contentUrl\":\"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/2025\/12\/RachelWaitF1_Supplied_600x600.png\",\"caption\":\"Rachel Wait\"},\"description\":\"Rachel Wait is a freelance journalist and has been writing about personal finance for more than a decade, covering everything from insurance to mortgages. She has written for a range of personal finance websites and national newspapers, including The Observer, The Mail on Sunday, The Sun and the Evening Standard. Rachel is a keen baker in her spare time.\",\"sameAs\":[\"https:\/\/twitter.com\/rachelwait?lang=en\",\"https:\/\/www.linkedin.com\/in\/rachel-wait-00463013\/\",\"https:\/\/muckrack.com\/rachel-wait\"],\"url\":\"https:\/\/www.finder.com\/uk\/author\/rachelwait\",\"jobTitle\":\"Writer\",\"worksFor\":{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.finder.com\/uk\/#organization\",\"name\":\"Finder\"}},{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"name\":\"Frequently Asked Questions\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Should I pay off debts with a lump sum?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"\\r\\rIf you have a lot of debt to pay off, it can make sense to pay this off first, particularly if borrowing costs are rapidly rising. However, if you're thinking about paying off your mortgage, check whether you're likely to pay an early repayment charge first.\\r\\r\"}},{\"@type\":\"Question\",\"name\":\"What is the best lump sum savings account?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"\\r\\rThis depends on your personal preferences and circumstances. If you are likely to need access to your money in the near future, an easy access savings account or short-term fixed rate bond could work for you. But if you can lock your money away for a few years, a longer-term fixed rate bond or investing in the stock market could be a better solution.\\r\\r\"}}]}]}<\/script>\n<meta property=\"article:modified_time\" content=\"2025-09-23T12:38:13+00:00\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Savings accounts for a lump sum","description":"We explore the best savings accounts if you have a lump sum to invest.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum","og_locale":"en_GB","og_type":"article","og_title":"Savings accounts for a lump sum","og_description":"We explore the best savings accounts if you have a lump sum to invest.","og_url":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum","og_site_name":"Finder UK","article_publisher":"https:\/\/www.facebook.com\/findercomuk","article_published_time":"2022-10-13T13:21:26+00:00","og_image":[{"width":250,"height":250,"url":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png","type":"image\/png"}],"author":"Rachel Wait","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/rachelwait?lang=en","twitter_site":"@findercomUK","twitter_misc":{"Written by":"Rachel Wait","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#article","isPartOf":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum"},"author":{"name":"Rachel Wait","@id":"https:\/\/www.finder.com\/uk\/#\/schema\/person\/531b4649d053a94fb7388e896df73218"},"headline":"Savings accounts for a lump sum","datePublished":"2022-10-13T13:21:26+00:00","dateModified":"2025-09-23T12:38:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum"},"wordCount":1673,"commentCount":0,"publisher":{"@id":"https:\/\/www.finder.com\/uk\/#organization"},"image":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#primaryimage"},"thumbnailUrl":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png","articleSection":["Savings accounts"],"inLanguage":{"@type":"Language","name":"English","alternateName":"en"},"potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/www.finder.com\/#organization"},"citation":[{"@type":"CreativeWork","name":"Financial Services Compensation Scheme","url":"https:\/\/www.fscs.org.uk"},{"@type":"CreativeWork","name":"Financial Services Register","url":"https:\/\/register.fca.org.uk\/s"}]},{"@type":"WebPage","@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum","url":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum","name":"Savings accounts for a lump sum","isPartOf":{"@id":"https:\/\/www.finder.com\/uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#primaryimage"},"image":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#primaryimage"},"thumbnailUrl":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png","datePublished":"2022-10-13T13:21:26+00:00","dateModified":"2025-09-23T12:38:13+00:00","description":"We explore the best savings accounts if you have a lump sum to invest.","breadcrumb":{"@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#primaryimage","url":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png","contentUrl":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/sites\/3\/2022\/09\/Savings-accounts-250-%C3%97-250px.png","width":250,"height":250},{"@type":"BreadcrumbList","@id":"https:\/\/www.finder.com\/uk\/savings-accounts\/savings-accounts-for-a-lump-sum#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"UK","item":"https:\/\/www.finder.com\/uk\/"},{"@type":"ListItem","position":2,"name":"Savings accounts","item":"https:\/\/www.finder.com\/uk\/savings-accounts"},{"@type":"ListItem","position":3,"name":"Savings accounts for a lump sum"}]},{"@type":"WebSite","@id":"https:\/\/www.finder.com\/uk\/#website","url":"https:\/\/www.finder.com\/uk\/","name":"Finder UK","description":"","publisher":{"@id":"https:\/\/www.finder.com\/uk\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.finder.com\/uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.finder.com\/uk\/#organization","name":"Finder","url":"https:\/\/www.finder.com\/uk\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.finder.com\/uk\/#\/schema\/logo\/image\/","url":"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/05\/Finder-Logo-696x696-1.png","contentUrl":"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2025\/05\/Finder-Logo-696x696-1.png","width":1392,"height":1392,"caption":"Finder"},"image":{"@id":"https:\/\/www.finder.com\/uk\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/findercomuk","https:\/\/x.com\/findercomUK","https:\/\/www.linkedin.com\/company\/finder\/","https:\/\/en.wikipedia.org\/wiki\/Finder_(website)"],"description":"Every month more than 2 million unique visitors turn to Finder to save money and time, and to make important life choices. We compare everything from bank accounts, personal loans, investing platforms and much more.","email":"heythere@finder.com","legalName":"Finder","foundingDate":"2006-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"}},{"@type":"Person","@id":"https:\/\/www.finder.com\/uk\/#\/schema\/person\/531b4649d053a94fb7388e896df73218","name":"Rachel Wait","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.finder.com\/uk\/#\/schema\/person\/image\/","url":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/2025\/12\/RachelWaitF1_Supplied_600x600.png","contentUrl":"https:\/\/cdn.finder.com.au\/finder-us\/wp-uploads\/2025\/12\/RachelWaitF1_Supplied_600x600.png","caption":"Rachel Wait"},"description":"Rachel Wait is a freelance journalist and has been writing about personal finance for more than a decade, covering everything from insurance to mortgages. She has written for a range of personal finance websites and national newspapers, including The Observer, The Mail on Sunday, The Sun and the Evening Standard. Rachel is a keen baker in her spare time.","sameAs":["https:\/\/twitter.com\/rachelwait?lang=en","https:\/\/www.linkedin.com\/in\/rachel-wait-00463013\/","https:\/\/muckrack.com\/rachel-wait"],"url":"https:\/\/www.finder.com\/uk\/author\/rachelwait","jobTitle":"Writer","worksFor":{"@type":"Organization","@id":"https:\/\/www.finder.com\/uk\/#organization","name":"Finder"}},{"@context":"https:\/\/schema.org","@type":"FAQPage","name":"Frequently Asked Questions","mainEntity":[{"@type":"Question","name":"Should I pay off debts with a lump sum?","acceptedAnswer":{"@type":"Answer","text":"\r\rIf you have a lot of debt to pay off, it can make sense to pay this off first, particularly if borrowing costs are rapidly rising. However, if you're thinking about paying off your mortgage, check whether you're likely to pay an early repayment charge first.\r\r"}},{"@type":"Question","name":"What is the best lump sum savings account?","acceptedAnswer":{"@type":"Answer","text":"\r\rThis depends on your personal preferences and circumstances. If you are likely to need access to your money in the near future, an easy access savings account or short-term fixed rate bond could work for you. But if you can lock your money away for a few years, a longer-term fixed rate bond or investing in the stock market could be a better solution.\r\r"}}]}]},"article_modified_time":"2025-09-23T12:38:13+00:00"},"custom_fields":{"_masthead_variant":["{\"id\":\"standard-blue\",\"showFeaturedImage\":false,\"presetId\":\"\",\"shouldUsePrimaryCTAFieldName\":false,\"shouldUseSecondaryCTAFieldName\":false,\"primaryCTA\":null,\"secondaryCTA\":null,\"widgetShortcode\":\"\",\"widgetHeading\":\"\",\"widgetStats\":\"\",\"hasPrioritizedWidget\":false,\"hasMaximizedWidget\":false,\"shouldUseOverrideCTALabel\":false,\"overrideCTA\":null,\"cleanTopPicks\":\"\",\"tilesMenuId\":\"\"}"],"_masthead_subheading":["{\"text\":\"If you&#039;ve recently found yourself with a lump sum to invest, it&#039;s important to understand your savings options.\"}"],"_content_type":["niche-content\/information\/how-to"],"custom_post_template":["single-masthead-two-column.php"]},"amp_enabled":false,"_links":{"self":[{"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/posts\/465911"}],"collection":[{"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/users\/1047"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/comments?post=465911"}],"version-history":[{"count":6,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/posts\/465911\/revisions"}],"predecessor-version":[{"id":572661,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/posts\/465911\/revisions\/572661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/media\/465917"}],"wp:attachment":[{"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/media?parent=465911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/categories?post=465911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/tags?post=465911"},{"taxonomy":"asset_tag","embeddable":true,"href":"https:\/\/www.finder.com\/uk\/wp-json\/wp\/v2\/asset_tag?post=465911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}