choosing an instant access savings account

delightfuldior

I have searched and compared on moneysupermarket.com and found that this is the best one so far.. but it says it reverts to 0.5% after 12 months... I want something that I can just settle with and keep using it for a few years.. the accounts are simply to transfer savings for presents/car/xmas money into and withdraw when needed...

any suggestions??

INGS
The interest rate is 2.75% AER (2.72% Gross p.a.) guaranteed for 12 months from account opening.
Interest is paid monthly.
Minimum investment is £1.00.
Reverts to the ING Direct Savings Account variable rate after 12 months, which is currently 0.50% AER.
Headline rate available to new ING Direct Savings Account customers only

natman

Hi, Many accounts will start off wit a headline rate, then drop after a period of time.

This is fine for me, as I just diary in when this happens and open up another account with a decent rate.
The only account that has kept pretty constant for me is yorkshire Building society esaver.

I have had this for 2 years or so and is always around 2%.
This is obvioulsy not the best rate, but this account does what i want it to do, as it has an ATM card.

i think NSI savings and aldermore bank keep pretty constant rates, but are not that competative.
MANY other people moan and groan about this, including me, but as long as you keep an eye on your account, understand when to transfer to another account things work fine.

I would open up an AA 2.8% AT PRESENT, online account.
The coventry build society has a 3% at moment, but that is operated by post.