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Online accounts

3 replies 332 views
wordy54wordy54 Forumite
1 posts
MoneySaving Newbie
the interest on savings has dropped a lot. Martin always says move savings into the best rate which is usually online. I a little nervous about opening accounts online how do I make sure they are legitimate sites? If I go through links on Martin Lewis website are they safe? I can’t afford to lose my savings.

Replies

  • george9071george9071 Forumite
    71 posts
    10 Posts Name Dropper Photogenic
    Always make sure it is a padlock site. Google the place and you can find out if its legitimate or not.
  • missilemissile Forumite
    10.7K posts
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    ✭✭✭✭✭
    I could not find any savings account worth switching to.
    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
    Ride hard or stay home :iloveyou:
  • KatiehoundKatiehound Forumite
    5.3K posts
    Part of the Furniture 1,000 Posts Combo Breaker Rampant Recycler
    ✭✭✭✭
    The ones at present paying the most!! are the regular monthly savers all of which require you to hold a current a/c (as far as I am aware:-)

     2.75% with HSBC, M&S and First Direct banks.
    2.5% with Lloyds - if you have a Club Lloyds a/c
    2% with Lloyds, Halifax & TSB
    In all cases a/c is for 12 month period only. rate fixed
    Max £250pm pay in  except for Club Lloyds RS- max £400 pm
    Being polite and pleasant doesn't cost anything!
    If you found my posting helpful please hit the "Thanks" button!
    Many thanks


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