changing savings account any ideas 29 June 2010 at 8:42PM in Savings & Investments 2 replies 699 views

missma

Hi

Have currently about £3000 savings in a Halifax variable web saver am due to get interest on it on 10th of July and am thinking of moving it to a different account. This account is only paying 0.25% interest. I hope to add to this money but not sure I want to tie it in long term as may need it to move house in future.

Any ideas of better account with good service

Thanks

opinions4u

If you are happy to stay with Halifax, their Web Saver Extra pays 2.6% (2.8% if you bank with them) and allows one withdrawal a year without penalty.

Alternatively take a look at www.theaa.com/savings or www.egg.com. Both pay 2.8% with no limit on withdrawals.

If you've not used your cash ISA allowance, consider Halifax Direct ISA Reward at 2.6% if you wish to stay put, or investigate C&G or Nationwide who allow more withdrawals and pay a fraction of a per cent more.

missma

Thanks for the information would prob want to be able to withdraw more than once a year in case of emergency