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Is there not such a thing as a term deposit over here where you bung
in a chunk of cash and get paid over the normal rates for it?There is indeed.
https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/#fixedsavings
Premium bonds. Could get lucky ya know?
Only half joking. Guessing that returns on large amounts of cash in retail banks are utter shite, plus the faff of having to limit the deposit sizes to whatever the FSCS limit is. Whereas bung it all in PBs, no worries.