Best bank to open a savings account with

Zedd7

Hello Everyone,

I just needed some help with opening a savings account which is the best bank at the moment to open a savings account with.

Thanks

MX5huggy

I’m very happy with Chase, for easy access savings 1.5% with the bonus of 1% cash back on debit card payments. if you want a regular saver First Direct offer 3.5% Santander 2.5%. 

Albermarle

It depends if you want easy access, or can tie the money for a year or two in a fixed rate account . Or as a kind of inbetween there are notice accounts.

Also you need to decide whether to save in a cash ISA or just a normal savings account. Usually the non ISA accounts are better for most people. 

Compare The Best UK Savings Accounts | moneyfacts.co.uk

jimjames

Virgin money pays 2% on first £1000 and 1.7% on up to £25k so they're probably best in terms of rates

Bizzywizard

Hi,

I have seen the Virgin account today for my elderly mother.
She has resisted help from me for years!
As she has £25k paying 0.5% in a nationwide flex account===she has no idea which one really!
I have suggested she switch, will the Nationwide bank let her close the account and give a bankers draft so she can either go into a Virgin bank or pay it in via the postoffice, she is not great at internet banking as she has bad hands. What is the best thing to do. Or has everything got to be done online with Virgin?
Thanks in advance!