Money saving ideas
A savings account provides a rate of interest on the money you deposit and there are many different types to choose from.
Instant access accounts provide fast access to your money. Savings accounts of other types may pay more interest but may require a notice period for withdrawals or reduce interest paid in any month you make a withdrawal. Bonds give you a fixed rate of interest on your money. Normally they require you to put your money away without access, but Flexible Bonds do offer you the peace of mind that you can access some of your of your money should you need to.
If you are thinking of investing for the longer term, it's wise to get advice on the different types of investments available. You will need to decide on your priorities - you might be looking for a cautious investment that provides a regular income; you might prefer a higher risk investment with the potential for more growth. Or you might want a blend of the two.
You may also want to get additional savings advice to help you achieve a balanced savings and investments portfolio.
At Barclays, we offer a broad range of money saving products - take a look at our savings accounts here.