Best bank to open saving account with

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I wanted to open a saving account but I dunno what bank is the best to open it with can anyone help me out please 
Thanks :)

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  • Daliah
    Daliah Posts: 3,792 Forumite
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    Traditional banks are not normally the best place for savings these days but it all depends on what your objectives are, and how much money is involved. Start here https://www.moneysavingexpert.com/savings/
  • Zedd7
    Zedd7 Posts: 9 Forumite
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    I want something where I can just save and use in the nearby future e.g house or a car and just keep my money stored too.
  • Albermarle
    Albermarle Posts: 22,518 Forumite
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    Zedd7 said:
    I want something where I can just save and use in the nearby future e.g house or a car and just keep my money stored too.
    You can do that with any bank or building society . The rule of thumb is that the better known the bank ( Barclays , NatWest etc ) the worse the interest rate .
  • Zedd7
    Zedd7 Posts: 9 Forumite
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    Sorry to be a pain but what bank would u recommend for me to join for the savings account and the best rate 
  • Malchester
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    Try looking on Which savings comparison or Savigs Champion rather than MSE comparisons
  • eskbanker
    eskbanker Posts: 31,480 Forumite
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    Zedd7 said:
    Sorry to be a pain but what bank would u recommend for me to join for the savings account and the best rate 
    You're going to need to do some legwork yourself on this, as it's impossible for anyone to give a simple answer based on what you've shared, as most accounts would satisfy those broad requirements.

    You were pointed to the MSE savings section earlier, in which you'll find more specific guidance at pages such as:

    https://www.moneysavingexpert.com/savings/which-saving-account/

    https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/
  • Zedd7
    Zedd7 Posts: 9 Forumite
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    Thank you 
  • Albermarle
    Albermarle Posts: 22,518 Forumite
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    Zedd7 said:
    Sorry to be a pain but what bank would u recommend for me to join for the savings account and the best rate 
    Banks change the savings accounts they offer on a regular basis , so you need to check the comparison sites .
  • grumiofoundation
    grumiofoundation Posts: 3,050 Forumite
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    edited 26 October 2021 at 1:44PM
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    Zedd7 said:
    I want something where I can just save and use in the nearby future e.g house or a car and just keep my money stored too.
    If you are saving for a (first) house purchase then a lifetime ISA is an opinion.

    https://www.moneysavingexpert.com/savings/lifetime-isas/

    Needs to be open for a year before can use for a house purchase and a penalty on money taken out not for a house purchase so not suitable for money you might need access to.
    Need to research the Ts and Cs and see if suitable for you.

    Edit: for smaller amounts some current accounts pay higher interest than savings e.g. virgin 2% up to 1k - in links provided above.
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