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Monthly Income Savings Account...

Hello,

I think waiting on Savings Accounts to provide a small return on a yearly basis is too long. So I was wondering are there any good savings accounts out there that provide income on a monthly basis?

All advice and comments are appreciated.

Thanks

Comments

  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    Have you checked Martin's savings pages? He is usuallly pretty on the ball
  • Ifts
    Ifts Posts: 1,960 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    Amit92 wrote: »
    I think waiting on Savings Accounts to provide a small return on a yearly basis is too long. So I was wondering are there any good savings accounts out there that provide income on a monthly basis?

    On a monthly basis the returns will be even smaller! ;)
    Never let the perfume of the premium overpower the odour of the risk
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    there is no difference between having a savings account paying monthly interest
    than having a saving a/c paying yearly interest and you withdrawing a small amount equivalent to the interest each month
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