Easy access Saving accounts

Fatherjacob

Im looking to put funds gain from a house sale into a number of easy access accounts.That offer a monthly interest (hoping to pool the interest gained into my personal account)..I had maxed out the premium bonds ,but with recent new im thinking of just placing them into a savings account,
So far im with the Post office as Well as Marcus ..am i missing any others? Im happy 1% and above 
thanks

xylophone

https://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html

colsten

I know you asked for instant access but if you can fix for 6 months, there is 1.40% at Charter Savings Bank, via HL Active Savings, may be also direct.

There are also a couple of notice accounts via Raisin, plus potentially a bonus payment.

colsten

Fatherjacob said:

.......That offer a monthly interest....

Note that you do not necessarily need monthly interest payments to get at your interest. When you close an instant an instant access account, you will get all the interest earned up to the closing date.

Fatherjacob

Thanks to all for the help , the decision has been made ,take advantage of the isa ,so i couldto £20k this tax year then 20k in April..meaning most of the premium bond funds will be out.
Ford money seems to meet my criteria 1.27% ,monthly interest, unlimited withdrawals.

colsten

If £50k (max PB holding) is the total of your savings, a normal cash ISA only gives you an advantage if you are a higher rate tax payer, or if you expect to add significant amounts to your savings over the next few years. Even a 2% AER account wouldn't bust the BR Personal Savings Allowance of £1,000 per year, and you'd have to hold your money for the full year to get that much interest.

crumpet_man

Why do you need monthly interest?  Where will you put the interest each month that is better than leaving it in the savings account?  If it's moved somewhere better, why not use that for more money and not just the interest?

Tildaplum

Atom bank offerc1.4% on 3 months notice - not instant access i know but might be worth considering. Atom are very good.

afis1904

Moneybox offer 1.65% for the same

fiisch

Have opened a Moneybox saver @ 1.65% tonight for my classic car fund.  3 month notice on withdrawals...

ZeroSum

Tildaplum said:

Atom bank offerc1.4% on 3 months notice - not instant access i know but might be worth considering. Atom are very good.

For those of us who don't get a new phone every 5 mins, atom can be a pain in the backside in not being able to access your account. I wouldn't touch them with a barge pole