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Best e-savings account?

z0nk
z0nk Posts: 49 Forumite
in Savings & investments
Hi, Whats the best e-savings account with monthly interest? I'm with Santander and only they offer 2.5% Thanks

Comments

  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I'm with Santander and only they offer 2.5%

    No, Tesco savings also offer 2.5%.

    For other accounts

    See here.

    or here.
  • Mrs_S.
    Mrs_S. Posts: 4 Newbie
    The Tesco Internet Saver account is annual interest only though.

    OP is asking for monthly interest accounts.

    S xx
  • Baldur
    Baldur Posts: 6,565 Forumite
    z0nk wrote: »
    Hi, Whats the best e-savings account with monthly interest? I'm with Santander and only they offer 2.5% Thanks
    See - http://moneyfacts.co.uk/compare/savings/variable-rate/monthly-income/
  • ajharris
    ajharris Posts: 135 Forumite
    z0nk wrote: »
    Hi, Whats the best e-savings account with monthly interest? I'm with Santander and only they offer 2.5% Thanks


    At the moment you would be hard pushed to get a much better return than that. Maybe just over 3% at a push with an introductory bonus. Rates have been held very low for a long time, I cannot help but think that when they do start rise they will move very quickly and go quite high. Us long suffering savers will be rewarded in the not too distant future.

    The product you have seems reasonably competitive. I think that at the moment it is important not to tie money up for too long as you could miss out.

    Maybe I am slightly over optimistic but there is no way that interest rates can be held this low forever. All the best
    Money is the headache, money is the cure!
  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    ajharris wrote: »
    At the moment you would be hard pushed to get a much better return than that. Maybe just over 3% at a push with an introductory bonus. Rates have been held very low for a long time, I cannot help but think that when they do start rise they will move very quickly and go quite high. Us long suffering savers will be rewarded in the not too distant future.

    The product you have seems reasonably competitive. I think that at the moment it is important not to tie money up for too long as you could miss out.

    Maybe I am slightly over optimistic but there is no way that interest rates can be held this low forever. All the best


    Don't think there is a chance of them going up before the election - even though the BOE is totally independent - yeah right!:rotfl:
    Stopped smoking 27/12/2007, but could start again at any time :eek:

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