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Best Interest Rates

Best Interest RatesBest Interest Rates

The best interest rates available are generally found on savings accounts with fixed rates or on guaranteed bonds. Interest rates vary greatly between accounts, and although you can get good levels or interest on instant access savings accounts, AER is sacrificed in return for greater flexibility and the option of managing payments, withdrawals and transfer at any time.

The best interest rates tend to be on:

  • Fixed rate accounts
  • Guaranteed bonds
  • ISAs
  • Regular payment accounts

If you are able to leave your money locked away on a fixed rate, the bank will offer better interest rates giving you a better rare of return on your savings. Also, if you have a regular payment account, and put money in each month, you will also benefit from higher interest rates.

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