We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Best savings account for my needs

Hi

I am looking to open a savings account and need some advice.

Tried the usual comparison sites but they all seem to tell me something different and i'm just left feeling a bit confused.

My requirements are as follows:

Instant Access
Monthly Interest
No withdrawal penalties
No transfer fees would be nice

I'll be opening the account with a balance of around 45k.

Can anyone recommend the best account for my needs and am I asking too much?

Many Thanks
In the beginning the Universe was created. This has made a lot of people very angry and has been widely regarded as a bad move.

Comments

  • highguyuk
    highguyuk Posts: 2,763 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Have you looked at Martins article on this?

    Alliance and Leicester and ICICI are both options for you.
  • apt
    apt Posts: 3,249 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I prefer the YBS internet saver to either ICICI or Alliance and Leicester. It has better access and is more solid than ICICI. ING would also be an option if you're a new customer and qualify for the bonus.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.