Latest Savings Commentary

Income is king

Oliver Roylance-Smith / 15 May 2012

Investing for income is always a popular investment theme, never more so than in recent months with income solutions ruling the roost over the ISA season for both the cash ISAs and investment ISAs. ... Read more

7% potential annual income, capital protected

Oliver Roylance-Smith / 10 May 2012

"The latest Fair Investment Income Deposit Plan offers capital protection plus the potential to earn 7% for each year the FTSE 100 remains between 4,500 and 7,000 points (yesterday’s clos... Read more

The savings dilemma and the rise of alternatives

Oliver Roylance-Smith / 01 May 2012

The economic landscape continues to create a real dilemma for savings and put a spotlight on the fixed rate bond. With yields on these lowering amid continued pressures on getting the most out of yo... Read more

Smile Savings Account

Get a better rate on your savings...

Smile savings accounts are internet only accounts. Smile is an internet bank, and is part of the Co-operative Financial Services.

We don't have any Smile savings accounts available at the moment but you can use the tables below to compare other savings options to help you find the right home for your savings.

For a range of leading online accounts, see the table below:

Savings Selection

Account	Rate	Term	Apply
Investec FTSE 100 3 Year Deposit Plan	17.25%	3 Years	Apply Now >
This structured capital protected deposit plan offers a maximum return of 17.25% at maturity. Also available for Cash ISA and Cash ISA transfer.			Apply Now >
Fair Investment Income Deposit Plan	7.00%	6 Years	Apply Now >
A 6 year capital protected structured deposit plan designed to pay 7.00% annual income. Also available as a cash ISA and ISA transfer.			Apply Now >
2 Year Online Bond	3.63%	2 Years	Apply Now >
A rate of 3.63% Gross/AER fixed for 2 years. Deposit from £500. No additional withdrawals or deposits.			Apply Now >
1 Year Online Bond	3.27%	1 Year	Apply Now >
A rate of 3.27% AER fixed for 1 year. Deposit from £500. No additional withdrawals or deposits.			Apply Now >

Instant Access Savings Accounts Deals

Provider	Account	Interest Rate (AER)	Term	Apply
	Nationwide MySave	3.17%	Easy Access	Apply Now >
	Up to 3.17% AER (including 1.62% gross p.a. bonus for 12 months when you save £25,000 or more) Open with £1,000. Easy access, with 1 free withdrawal per year.			Apply Now >
	ING Direct Savings Account	3.10%	Instant Access	Apply Now >
	3.10% AER variable (3.06% gross p.a.) including a fixed bonus of 2.56% gross p.a. for 12 months from account opening. After 12 months the rate will revert to the standard variable rate.			Apply Now >
	NetSaver	3.06%	Easy Access	Apply Now >
	3.06% gross/AER variable including 12 month fixed bonus of 2.06% paid until 30th June 2013. £1,000 minimum opening balance. Easy access. Online management.			Apply Now >
	Online Saver	3.01%	Instant Access	Apply Now >
	Rate includes a 1.36% gross/AER fixed interest bonus for the first 12 months. Monthly interest available. Unlimited free withdrawals. Open with £1.			Apply Now >
	Direct Transfer Account	2.80%	Easy Access	Apply Now >
	Includes a 0.89% bonus payment for the 1st 12 months giving you a return of 2.80% AER. Open with £1,000.			Apply Now >
	Nationwide Regular Savings	up to 2.50%	Instant Access	Apply Now >
	Earn tiered rates of up to 2.50% Gross/AER when you save £500 or more. Open with £1. Unlimited withdrawals. Save up to £1,000 each month.			Apply Now >
	Lloyds TSB International Bonus Saver	1.51%	Instant Access	Apply Now >
	From 0.6% - 2.01% with 12 month bonus.			Apply Now >
	Online Bonus Saver	0.75%	Instant Access	Apply Now >
	0.75% including a 0.50% bonus on months where you don't make a withdrawal. Rate without bonus is 0.25%.			Apply Now >
	Easy Saver	1.60%	Instant access	Apply Now >
	1.60 AER/Gross variable. This rate includes a fixed introductory bonus of 1.50% AER for the first 12 months.			Apply Now >
Existing customers only	eSavings Account	2.50%	Instant access	Apply Now >
Existing customers only	Existing customers only. 2.50% AER/Gross (variable) on balances of £10,000 or more or 1.60% AER/Gross from £1 to £10,000. These rates include a fixed introductory bonus of 1.50% AER for the first 12 months.			Apply Now >

Latest Fixed Rate Bond Deals

Account	Interest Rate (AER)	Term	Apply
5 Year Fixed Rate Bond	4.26%	5 Years	Apply Now >
Earn 4.26% gross/AER fixed for 5 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest.			Apply Now >
3 Year Online Bond	3.72%	3 Years	Apply Now >
A rate of 3.72% Gross/AER fixed for 3 years. Deposit from £500. No additional withdrawals or deposits.			Apply Now >
2 Year Online Bond	3.63%	2 Years	Apply Now >
A rate of 3.63% Gross/AER fixed for 2 years. Deposit from £500. No additional withdrawals or deposits.			Apply Now >
1 Year Online Bond	3.27%	1 Year	Apply Now >
A rate of 3.27% AER fixed for 1 year. Deposit from £500. No additional withdrawals or deposits.			Apply Now >

See other fixed rate bonds

If you are already a Smile current account holder you may be able receive more competitive interest rates on Smile savings accounts, but accounts are also open to new customers.

Smile savings accounts may include:

Cash ISAs offer tax-free saving
No-notice accounts that allow instant access to savings
Fixed term deposit account offering a guaranteed fixed interest rate
Cash card provided allowing access to savings via cash machines, as well as online

Different providers offer different incentives, such as higher interest rates and varying withdrawal and deposit conditions on savings accounts; you can also find regular saver accounts and ones that reward you with higher returns for larger single investments.

Structured deposits offer capital protection similar to savings accounts but with the potential for competitive returns. The returns are not normally guaranteed, but linked to the performance of a particular market, such as the performance of the FTSE 100 Index.

See the table below for some examples of structured deposits currently available:

Growth Structured Deposits

Plan Name	Maximum Potential Return*	Term	More Info
FTSE 100 3 Year Deposit Plan	17.25%	3 years	More Info >
3 year capital protected deposit plan with the potential to receive a defined return of 17.25%. Also available for Cash ISA and Cash ISA transfer.			More Info >
Deposit Kick Out	9.50% per annum	Up to 6 years	More Info >
A 6 year structured deposit plan with the potential to mature early, paying 9.50% for every year the plan is in place. Also available for Cash ISA and ISA transfer.			More Info >
FTSE 100 Kick Out Deposit Plan - Option 2	6.00% per annum	Up to 5 years	More Info >
Capital protected deposit plan with the potential to mature after years 2, 3, 4 and 5. If the plan matures early it will return 6% times the number of years the plan has been in force. Also available for Cash ISA and Cash ISA transfer.			More Info >
FTSE 100 Deposit Growth Plan	No limit	5 years	More Info >
5 year capital protected structured deposit plan which aims to return 1.05 x any FTSE 100 growth. Also available for Cash ISA and Cash ISA transfer.			More Info >
Growth Deposit Bond	50%	6 years	More Info >
6 year capital protected structured deposit plan which returns the greater of 9.00% or 1 x any FTSE 100 growth, capped at 50%. Also available for Cash ISA and Cash ISA transfer.			More Info >
Enhanced Growth Plan	40%	6 years	More Info >
6 year capital protected structured deposit plan which aims to return 4 x any FTSE 100 growth capped at 40%. Also available for Cash ISA and Cash ISA transfer.			More Info >
Annual Locked-In Return Plan	39%	6 years	More Info >
6 year capital protected structured deposit plan which aims to return 6.50% annual growth capped at 39%. Also available for Cash ISA and Cash ISA transfer.			More Info >

* Maximum Growth Yields are not guaranteed and subject to certain conditions