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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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Introductory Bonus Accounts

AERNotice/TermMinimum
Investment
Introductory
Bonus
Account Operations
SORTSORTSORTSORT
Stroud & Swindon BS
2.90%
90 Day£1000Rate includes 0.90% bonus for 12 months
OnlineCross
BranchTick
PostalTick
PhoneTick
AA
2.80%
None£1Rate includes 2.30% bonus for 12 months
OnlineTick
BranchCross
PostalCross
PhoneCross
Post Office®
2.75%
None£1Rate includes 1.25% bonus for 12 months
OnlineTick
BranchCross
PostalCross
PhoneCross
Birmingham Midshires
2.75%
None£1Rate includes 2.25% bonus for 12 months
OnlineCross
BranchCross
PostalCross
PhoneTick
Santander
2.75%
Instant£1Rate includes variable bonus (currently 2.25%) for 12 months
OnlineTick
BranchCross
PostalCross
PhoneCross
Newcastle BS
2.75%
120 Day£500Rate includes 1.00% bonus for 12 months
OnlineTick
BranchTick
PostalTick
PhoneTick
Scottish Widows Bank
2.70%
None£1Rate includes 0.69% bonus for 12 months
OnlineTick
BranchCross
PostalCross
PhoneCross
Derbyshire BS
2.65%
None£5000Rate includes 1.25% bonus for 12 months
OnlineTick
BranchCross
PostalCross
PhoneCross
Tesco Bank
2.60%
None£1Rate includes 1.35% bonus for 12 months from £1 to £999999.
OnlineTick
BranchCross
PostalCross
PhoneCross
Sainsbury's Finance
2.60%
None£1Rate includes 2.10% bonus for 12 months
OnlineTick
BranchCross
PostalCross
PhoneTick
 Sponsored Products
Chelsea BS
2.60%
None£1-
OnlineTick
BranchCross
PostalCross
PhoneCross
Triodos Bank
2.01%
33 Day£10-
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!

Introductory Bonus Accounts Explained

These accounts offer a higher initial rate in the form of a bonus on the account. This is usually for a fixed term and you should review the account when the bonus expires, or at the beginning of the notice period if this has to be given for penalty free withdrawals.

The bonus will be fixed, but the underlying rate is variable so you should keep an eye on the rate being paid throughout the term of the account.
 

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Savings Tools

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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.