Regular Saver Accounts
Regular Saver Accounts
Regular Saver Accounts can be of great benefit if you have a regular income and can guarantee making monthly deposits into the account. The features of opening a regular saver account include:
- Invest a set amount by standing order each month for a pre-determined period of time
- Knowing that you will be saving a certain amount each month
- Higher interest rates than with standard savings accounts
- Limited access to your money –none until the term is up, withdrawals at the risk of incurring no interest for the month the withdrawal is made, access only upon closure.
Before opening a savings account, you should give some thought to what you want from it – whether you predict needing instant access to your money or if you are happy for it to be tied up while it matures. Compare a number of deals on the market to help you make an informed decision.
Alternatively click on savings accounts advertising links below: