A savings account is a deposit account held at a retail bank that pays interest. There are a variety of saving accounts and it’s important to pick the best one to work with your finances. In this article, you will find more information on the best savings accounts, and comparisons for finding the best savings account for you.
Best savings account
Savings account is a deposit account held at a retail bank that pays interest. There are a variety of saving accounts and it’s important to pick the best one to work with your finances.
Best instant access savings account
Instant access savings accounts are useful if you want access to your money, but still want it to earn interest. It will let you withdraw money at any point without any penalties, and often immediately from your branch.
Check out Money.co.uk for their list of the top instant access savings accounts available here.
Best regular savings account
Regular savings accounts are an option if you’re looking to put away money on a monthly basis, and tend to have a fixed interest rate for 12 months, where you typically cannot access the money.
For finding the best regular savings account, it is good to shop around and compare lenders to find the best fit for your circumstances.
Best easy access savings account
Easy access savings accounts are useful if you need a place to store your money, but will need to occasionally access the money. There may be restrictions on how many times you can withdraw money from your account, and it may require you to link the easy access savings account to another account with the same lender.
For finding the best easy access savings account, it is good to shop around and compare lenders to find the best fit for your circumstances.
Selected savings account providers
Here is a list of some selected saving account providers:
Savings accounts at Post office
The Post Office is one of the biggest UK retailers, best known for its savings accounts, but also providing over a hundred other products.
Read more: Post Office
Savings account at Nationwide
Nationwide is a British mutual financial institution and the largest building society in the world. It offers a wide variety of saving accounts, among other options.
Read more: Nationwide
Savings accounts at Halifax
Halifax is an UK bank, named after the town of Halifax, West Yorkshire where it was founded as a building society in 1853. Halifax provides bank and saving accounts, mortgages, loans, credit cards and more.
Read more: Halifax
Savings account at Santander
Santander is a UK bank that offers bank accounts, savings, mortgages, loans, credit cards and much more.
Read more: Santander
Savings account at NatWest
NatWest, also known as the National Westminster Bank, provides bank and insurance services to personal, business, and commercial customers. NatWest offers saving accounts for a variety of different services.
Read more: NatWest
Savings account at Lloyds
Lloyds Bank offers a range of flexible lending services for helping businesses.
Read more: Lloyds
References
https://en.wikipedia.org/wiki/Savings_account
http://www.money.co.uk/savings-accounts/instant-access-savings.htm
https://www.moneysupermarket.com/savings/regular-savings-accounts/
https://www.moneysupermarket.com/savings/easy-access-accounts/
