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Key Facts

 

Savings Guides

 

Changes To Child Trust Funds
On 24 May 2010 the government announced plans to reduce, and then withdraw the contributions it makes to Child Trust Funds. Now you may be wondering what these changes are and how they will affect your child’s fund.

Saving can be high maintenance
You're lured in by a great savings rate; and once they've had your custom for a while, it's reduced to a nominal, almost derisory amount.

Are some banks foreign to you?
Have you ever checked our best buy charts and not recognised the names of some of the banks listed?

Savings Tips

 

Saving can be high maintenance
You're lured in by a great savings rate; and once they've had your custom for a while, it's reduced to a nominal, almost derisory amount.

Are some banks foreign to you?
Have you ever checked our best buy charts and not recognised the names of some of the banks listed?

Saving for the future
Just a quick glance of our Savings Best Buys will tell you that there are quite a few different types of savings account. Knowing where to put your cash is no easy task with Bonds, ISAs and a whole host of other accounts available.

Fixed Rate Savings Best Buys

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Short Term Fixed Rate Bonds

AERNotice/TermMinimum
Investment
Account Operations
SORTSORTSORT
Aldermore
3.01%
1 Year Bond£1000
OnlineTick
BranchCross
PostalTick
PhoneTick
ICICI Bank UK
3.00%
1 Year Bond£1000
OnlineTick
BranchCross
PostalCross
PhoneCross
Turkish Bank (UK)
2.90%
1 Year Bond£5000
OnlineCross
BranchTick
PostalTick
PhoneCross
Britannia
2.81%
1 Year Bond£1000
OnlineCross
BranchTick
PostalTick
PhoneCross
The Co-operative Bank
2.81%
1 Year Bond£2000
OnlineCross
BranchTick
PostalTick
PhoneTick
Post Office®
2.80%
1 Year Bond£500
OnlineTick
BranchCross
PostalCross
PhoneCross
HSBC
2.80%
1 Year Bond£2000
OnlineCross
BranchTick
PostalCross
PhoneTick
first direct
2.80%
30.09.11£2000
OnlineCross
BranchCross
PostalCross
PhoneTick
Sainsbury's Finance
2.80%
1 Year Bond£5000
OnlineTick
BranchCross
PostalCross
PhoneTick
Cheshire BS
2.75%
1 Year Bond£100
OnlineCross
BranchTick
PostalTick
PhoneCross
 Sponsored Products
Nationwide BS
3.25%
2 Year Bond£1
OnlineTick
BranchCross
PostalCross
PhoneCross
Lloyds TSB
3.75%
3 Year Bond£2000
OnlineCross
BranchCross
PostalTick
PhoneCross
Click to compare up to 3 savings account products.
Disclaimer:
All rates subject to change without notice. Please check all rates and terms before investing or borrowing.
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Oinky the Pig!

Short Term Fixed Rate Bonds Explained

Short term fixed rate bonds allow you to invest for a period of up to one year and are suitable if you want a predetermined interest rate without tying your money up for too long. You may be restricted in how many withdrawals you can make during the product term.
 

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Savings Tools

Monthly Savings PlanMonthly Savings Plan
Find out what your regular savings plan could be worth.

Lump Sum InvestmentsLump Sum Investments
Use our interest calculator to work out what interest you could earn on your lump sum. Find out what your lump sum investment plan could be worth.

Savings News

Product focus: Two year fixed rate bondsProduct focus: Two year fixed rate bonds
Research conducted by Moneyfacts.co.uk has shown that the average one year fixed rate bond has fallen from 3.07% in January to 2.57% today. The average five year fixed rate bond has also fallen over the same period, from 4.56% to 4.07%.

Cut out the taxman with an ISACut out the taxman with an ISA
While not in the same ball park as Mr Blair could save in tax, an ISA is still one of the most tax efficient ways to save money.

Product focus: Monthly interest online accountsProduct focus: Monthly interest online accounts
Recent reports suggest a decline in the popularity of online banking. Despite these claims, a large number of savings accounts cater for the online savvy and offer a variety of accounts to suit your needs.

Step up with the State Bank of IndiaStep up with the State Bank of India
Savers are being given the chance to see their money grow each year with the State Bank of India's 5Year Step Up Fixed Deposit account.