Savings Accounts

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Savings Accounts

If you wish to save money for a new car, new house or just put it away for a rainy day a savings account could be perfect.

Savings accounts take many forms, the two common types of savings account are:

Instant Access Account

Notice Account

An Instant Access account allows you instant access to your savings. A notice account means you may need to wait a number of days before the money is in your hands. Generally, a notice account makes the interest rate higher.

Currently in the low interest rate economy we live in today, savings interest rates do not generally offer an outstanding return on your money, however your deposit is generally safe.

Who can look after my Savings?

All high street banks and building societies from the offer some form of savings account.

However, with the increase in popularity of online banking the high street is no longer a neccessity and a number of companies unheard of five years ago are now offering great savings products.