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Help with the right choice ?
milly192
Posts: 4 Newbie
Hi, Im currently looking for a genuine savings account to deposit a sum of money. Im looking for an account that pays interest monthly but with instant access and no penalties. This can be through a branch or the internet. My dilemma is i have read different articles about various banks and have come some what nervous as to where to put my savings !!!!
Does anyone have any advice ?
Does anyone have any advice ?
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Comments
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Link to the main article (Savings Accounts - Instant Access) which covers your questions is directly above your post. It's all covered so little point my adding anything :-
http://www.moneysavingexpert.com/savings/savings-accounts-best-interest
- but you might then be best to look at the embedded links to Moneyfacts / Moneysupermarket to sift out which also offer the monthly rates you require?If you want to test the depth of the water .........don't use both feet !0 -
If you have more than £1000 to deposit, I've heard nothing but praise for Kaupthing Edge, 6.5% AER.
http://www.kaupthingedge.co.uk/OurProducts/KaupthingEdgeSavingsAccount.aspxTarget Cash Net Worth: £25K by January 2012
Progress May-08 19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
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