Best Savings Accounts Rates

best savings accounts ratesBest Savings Accounts Rates

The best savings accounts rates can generally be found on accounts where the money is locked away for a fixed period, or requires a notice period for withdrawals or transfers. However, there are still a number of competitive instant access accounts that offer a flexible savings option. The best savings accounts rates can be found on: 

  • Mini Cash ISAs: Save up to £3,000 per tax year and pay no tax on any interest earned.
  • National Savings and Investments accounts: Government backed accounts that provide a safe haven for your cash, including bonds, guaranteed returns accounts and children's savings
  • Guaranteed investment bonds: Lock your money away and benefit from high returns at a guaranteed rate
  • Notice period accounts: Usually require 30- days notice for withdrawals or transfers in exchange for higher AER
  • Trackers: Follow the Bank of England base rate.
  • Regular Savers: Benefit from higher rates when you make regular payments into your account

For the best savings accounts rates, shop around and think about what you really need from your account, because of you are prepared to leave your cash and watch it grow, you will benefit a lot more in the long term.

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