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Where to look for high interest savings account. ?

Where to look for high interest savings account. ?
How high is high ? is 6% a lot on a saving account ?
What saving accounts are you using ? Not ISA please.

Comments

  • hellows
    hellows Posts: 32 Forumite
    How high is high ? is 6% a lot on a saving account ?
    What saving accounts are you using ? Not ISA please.

    I do not trust those internet seving aco!!!!s. Imagin that they close the web page and you money
    is gone! Its just to limited acces. They is nothing better then a real
    face to bank dealing. what you think ?
  • Steve_xx
    Steve_xx Posts: 6,979 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    hellows wrote: »
    How high is high ? is 6% a lot on a saving account ?
    What saving accounts are you using ? Not ISA please.

    I do not trust those internet seving aco!!!!s. Imagin that they close the web page and you money
    is gone! Its just to limited acces. They is nothing better then a real
    face to bank dealing. what you think ?

    I think you have to come to terms with online banking. Your money is absolutely safe and is protected 100% upto the first £35,000 invested in any one institution. Web pages may go blank at times but the banks behind them seldom do.

    All well and good if you want to have face to face banking and can be bothered traipsing hither and thither to a bank every time you want to make a transaction.
  • hellows wrote: »
    Where to look for high interest savings account. ?
    How high is high ? is 6% a lot on a saving account ?
    What saving accounts are you using ? Not ISA please.

    If u really dont want to use internet based accounts then depending on which Building Societies you have near you, the following have high paying Branch Based Accounts.

    Stroud And Swindon BS ( if no more than a few withdrawals per year)
    Westbromwich BS
    Skipton BS
    Chelsea BS

    I personally do enjoy monthly trips to a few Building Societies and being greeted by friendly smiling female faces. :cool:
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    hellows wrote: »
    How high is high ? is 6% a lot on a saving account ?
    What saving accounts are you using ? Not ISA please.

    I do not trust those internet seving aco!!!!s. Imagin that they close the web page and you money
    is gone! Its just to limited acces. They is nothing better then a real
    face to bank dealing. what you think ?
    If the bank that operates an online account is authorised by the FSA, they can't just disappear with your money, and even if they somehow went belly up you'd be protected by the financial services compensation scheme just like any other bank.

    All in all, if you don't trust a bank's online account you can't really trust ANY bank, building society or investment house.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
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