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Savings Account

msaquib
msaquib Posts: 717 Forumite
in Savings & investments
Hi,

Cany anyone suggest a good rate savings account which also provides monthly interest. I would like to invest 25k into the account.

Thanks
MS

Comments

  • Mr._H_2
    Mr._H_2 Posts: 508 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    The best one at the moment (and probably for the next year) is the Bank of Scotland Instant Access Savings Reward. This pays 5.25% AER (5.13% gross) with a monthly interest payment option (same interest rate). You must maintain a balance of at least £5000.

    Also consider ISAs. Some have monthly interest payment options.
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