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Savings Account
msaquib
Posts: 717 Forumite
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
Cany anyone suggest a good rate savings account which also provides monthly interest. I would like to invest 25k into the account.
Thanks
MS
0
Comments
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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.0
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