Young saver wanting to start a new savings account

mpchooligan

I'm 21 and wanting to start a new savings account for the 1st time in my life. I'm wanting to save up for college fees and crap like that. I don't know much about them, but i'm wanting to be able to take the money out my account whenever i like. I'll only be putting in small amounts per month £20 - 40.

I've read the article, but I'm still confused and really scared about making the wrong decision. What are the main things i'm looking for? Are there any particular banks you'd reccomend me start a savings account with and any banks you'd reccomend me avoiding.
I've looked at an internet account at the Yorkshire Building Society, but i'm still not sure. What is banking with them like?

Oh and be nice please!

Lokolo

Well if Yorkshire Boy comes along he'll say that they're amazing... he seems to love them - can't think why

You may want to look at regular savers which usually requires a minimum of around £20-£25 a month but in return for it you get a better rate.

You can also get ISA regular savers which means you get the interest tax free, which you wouldn't if you are a tax payer in a normal savings account.

GeorgeHowell

I would advise going along to the nearest Nationwide branch and seeing what they have to offer. They are about as safe, convenient, and customer friendly as it's possible to get right now.

Doomcow

i agree with lokolococo - YBS are good accounts - easy to use and such.

depends who you bank with usual. if in doubt, go with your current account provider.

what else you wana know?