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best high street savings account

What is the best savings account offered by a high steet bank? Preferably one with lots of branches (not britannia etc)

I want an easy access account.

Thanks

Comments

  • Chadsman
    Chadsman Posts: 1,113 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 29 November 2009 at 7:14PM
    Do you want a passbook, internet/telephone/postal access...?
    Some current accounts are offering 6% if you meet certain conditions. Are you prepared for that?
    Have you used all your ISA allowance this year?
    Did you really mean a BANK account? Many Building Society accounts will pay better than a corresponding bank account.
    God save the King!
    I'll save Winston Churchill, Jane Austen, J. M. W. Turner and Alan Turing.
  • Rates change from week to week, so why not do your own research? Here's one site to get you started; here's another.
    "The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens
  • ss4
    ss4 Posts: 85 Forumite
    Part of the Furniture Combo Breaker
    Chadsman wrote: »
    Do you want a passbook, internet/telephone/postal access...?
    Some current accounts are offering 6% if you meet certain conditions. Are you prepared for that?
    Have you used all your ISA allowance this year?
    Did you really mean a BANK account? Many Building Society accounts will pay better than a corresponding bank account.

    Passbook or internet/postal access is not needed. In terms of current accounts, I don't pay in even £500 a month so I'm ineligible for most of the high paying ones. Also I will be withdrawing money regularly and I get savings tax free so would an Isa be better?
    I'll probably be withdrawing money regularly and I don't pay tax on saving so the account can be an isa or an easy access account.

    Rates change from week to week, so why not do your own research? Here's one site to get you started; here's another.

    How do you search for high street savings accounts with these websites?
  • rb10
    rb10 Posts: 6,334 Forumite
    If you're specifically looking for high street accounts, then you might as well just look at the individual banks' websites, as there aren't that many to choose from.

    Halifax generally has good savings rates, but other than that, just look on the websites of the banks in your high street.

    If you get savings tax free anyway, then it doesn't matter whether you're a taxpayer or not - just compare the gross/AER rates. But if you might become a taxpayer at some stage in the future, then it would be worth putting some in an ISA, so that you can build up a tax-free pot.
  • ss4
    ss4 Posts: 85 Forumite
    Part of the Furniture Combo Breaker
    If you close a savings account, do you get the interest that you are owed paid to you (for a easy access account, not fixed rate)?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    yes you do.
  • ss4
    ss4 Posts: 85 Forumite
    Part of the Furniture Combo Breaker
    So if I apply for this account:

    http://www.tescofinance.com/personal/finance/savings/savingsaccounts/internetsaver/index.jsp

    and close the account in 1 yrs time , I will be paid the interest that I earn between march and december?
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    ss4 wrote: »
    So if I apply for this account:

    http://www.tescofinance.com/personal/finance/savings/savingsaccounts/internetsaver/index.jsp

    and close the account in 1 yrs time , I will be paid the interest that I earn between march and december?

    Not exactly what I'd call "a high steet bank"!! What exactly are you looking for, and why?

    You'll be paid interest that you earn between the date you open the account and the date you close it!
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