Our Best Savings Interest Rates
The best savings accounts for you will depend entirely on your personal needs.
For many people, competitive interest savings are a priority but how do you decide which of the many high interest savings accounts is right for you?
When looking at the best savings accounts for your needs, you first need to consider how much you want to save.
Some high interest savings accounts can be opened from as little as £1 while others have a minimum deposit - £500 for example. You should also think about when you want the interest paid? Some accounts pay the interest monthly, others yearly or at the end of a fixed term.
Do you need easy access to your money? A high interest savings account may restrict withdrawals or reduce the level of interest in any month you make a withdrawal. Accounts that allow you to make cash withdrawals whenever you like are known as 'instant access'.
These may be the best savings accounts for you if you need this level of accessibility, but these sort of accounts are unlikely to pay high interest on your savings.