where to save?

Coupon_Queen_3

Im looking for an savings account which gives me easy access to my money.
I dont want a reg saver or Isa as already have these types of accounts.

I currently have an account with ING, but there interest rates arent that great- 4.75%. I was thinking of opening an account with Icesave or Icici but the feedback about both of these accounts seem poor.

Can anyone help, please?

pbw

i reccommend saffron BS with their internet operated instant access account (e-saver) which pays 5.40% interest gross (4.32% (20%) and 3.24% (40%)....opening balance of £1000.

however, if you want to open with a lower balance then yorkshire BS with 5.35% gross with an opening balance of £1

Coupon_Queen_3

Hey pbw - thanks very much for your quick reply. Both options seem good, do you know what the customer service is like with Saffron?

bristol_pilot

The Post Office Instant Saver pays 5.25% increasing to 5.50% after 7th Feb. On balances over £500.

pbw

Coupon_Queen wrote:

Hey pbw - thanks very much for your quick reply. Both options seem good, do you know what the customer service is like with Saffron?

i don't have first-hand experience with them but a friend told me it is as good as any other institution he has been with.

i personally have my account with B&B. its lower interst than the ones i mentioned but i prefer monthly interest

Coupon_Queen_3

Bristol Pilot- Thanks! Post office instant saver sounds best option for me, I have looked into this account before, excellent news that there rates are going up soon too.

pbw

about the Post Office saver account....beware you are only allowed 6 withdrawals per year. after that, you will be charged £1 per withdrawal....

Coupon_Queen_3

about the Post Office saver account....beware you are only allowed 6 withdrawals per year. after that, you will be charged £1 per withdrawal

mmm not so good then, didnt realise that, thanks for making me aware of it.

bootman

I opened the Sainsbury's Internet saver last week. Its 5.25% so not the highest rate, I liked the fact that you can also make deposits of cash or cheques via a Sainsbury's store not just online.

savingforoz

Sainsburys is not the highest rate but it's not far off. The account is very flexible and the customer service is good too.

Kazza242

Coupon_Queen wrote:

Im looking for an savings account which gives me easy access to my money.
I dont want a reg saver or Isa as already have these types of accounts.

I currently have an account with ING, but there interest rates arent that great- 4.75%. I was thinking of opening an account with Icesave or Icici but the feedback about both of these accounts seem poor.

Can anyone help, please?

If you're put off by Icesave, then perhaps consider the Easy Access account offered by the Anglo Irish bank. It's rate has recently been increased to 5.55% and the rate is guaranteed to at least equal the Bank of England's base rate until 1st January 2008. The minimum account balance is £500.

http://www.angloirishbank.co.uk/personal/easy-access.asp