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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.

Variable Rate Savings Best Buys

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Instant Access Accounts

AERNotice/TermMinimum
Investment
Account Operations
SORTSORTSORT
West Bromwich BS
2.30%
Instant£1000
OnlineCross
BranchTick
PostalCross
PhoneCross
West Bromwich BS
2.30%
None£1000
OnlineCross
BranchCross
PostalTick
PhoneTick
State Bank of India
2.00%
Instant£500
OnlineTick
BranchTick
PostalTick
PhoneCross
Loughborough BS
2.00%
None£25000
OnlineCross
BranchCross
PostalTick
PhoneCross
Leeds BS
2.00%
None£25000
OnlineCross
BranchCross
PostalTick
PhoneCross
Chorley & District BS
2.00%
None£25000
OnlineCross
BranchCross
PostalTick
PhoneCross
Northern Rock
1.90%
Instant£1
OnlineCross
BranchTick
PostalCross
PhoneCross
Beverley BS
1.85%
None£25000
OnlineCross
BranchCross
PostalTick
PhoneCross
National Savings & Investments
1.76%
None£25000
OnlineTick
BranchCross
PostalTick
PhoneTick
National Savings & Investments
1.75%
None£1
OnlineTick
BranchCross
PostalCross
PhoneTick
 Sponsored Products
Barclays Bank
3.25%
12 Month Bond£20
OnlineTick
BranchTick
PostalCross
PhoneTick
Chelsea BS
2.60%
None£1
OnlineTick
BranchCross
PostalCross
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.
Search All Savings Accounts >>
 
Oinky the Pig!

Instant Access Accounts Explained

These accounts allow instant access or allow funds to be transferred without penalty.

Rates are variable so you should keep an eye on the current rate to ensure you have the best deal. As there is no loss of interest for withdrawing funds, savings can easily be moved to a more competitive account should the rate fall.

If you do not need immediate access to your money, higher rates may be found on notice accounts.
 

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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.