Best bank to open saving account with
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Zedd7
Posts: 9 Forumite
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
Thanks
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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/0
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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.0
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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.2
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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 rate0
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Try looking on Which savings comparison or Savigs Champion rather than MSE comparisons0
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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 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/
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Thank you0
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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 rate0
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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.
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.1
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