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Next Best to A&L Savings Account
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Paul_Varjak
Posts: 4,627 Forumite


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The next best accounts after A&L, in terms of interest rate and similar conditions are:
Bradford & Bingley's E-Savings account
Interest AER: 5.25%
Min Investment/balance: £1,000
Interest Paid: Yearly/31st July
Withdrawals: Available on a penalty free basis and must be made via BACs transfer to a nominated bank account.
Account Operated: Via the Internet
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Yorkshire Building Society's E-Saver account
Interest AER: 5.20%
Min Investment/balance: £250
Interest Paid: Yearly/31st July
Withdrawals: The e-Saver allows you to make withdrawals of any amount at any time. All withdrawals are subject to the requirement to maintain a minimum balance of £250. All withdrawals must be made to your nominated bank/building society account.
Account Operated: Via the Internet
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Cahoot Savings account
Interest AER: 5.10%
Min Investment/balance: No minimum deposit
Interest Paid: Monthly
Withdrawals: There is no limit to the number of withdrawals permitted.
Withdrawals can be made by transfers to another cahoot account or by BACS transfer to an external account.
Account Operated: Via the InternetPlease call me 'Kazza'.0 -
Paul_Varjak wrote:Many thanks Kazza242. Perhaps someone can also tell me if you can have more than one A&L online saver account?
I'd very much doubt you can own more than one. Especially if they set a maximum limit on how much you can save, it seems that's there to cover them a bit and not expose themselves too much.0 -
The A&L T&Cs specifically exclude people from opening more than two accounts.0
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