Please please help. I have never saved, and want to start..who should I go with?

PrincessJR

Hi,

I have just bought my first house and have decided that it would be sensible to start a savings account for when things crop up!

I have never had a savings account before and so dont have a clue about rates, ISAs, etc etc etc.
Could someone in 'the know' please advise me what would suit me best.

Ideally I would like to save £50 - £100 per month, and probably need something I can access fairly quickly incase of emergencies.I have quite a poor credit rating at the moment which I am working to improve.

Who offers a good deal?

Any Advise appreciated

Thanks

Jonbvn

MSE Martin has a good article on this, which provides all the details you need.

Starting Saving
Where to put your money

Aegis

Cash ISAs are always a great start for anyone who is ever going to pay income tax. You can usually set one up for regular contributions and get a decent rate of interest which is tax free. Your first £3000 this year and £3600 next year should go into cash ISAs if you're looking to build up a decent pot of cash savings.

If you look in the ISA subsection of this area, you should find a list of the best current ISAs and a list of requirements for them. Some ISAs require a large lump sum to open, but others can be opened with as little as £1, so check them out and see which works best for you.