This account might be the answer. As this account pays a variable rate of interest it can change over time. For example, we might review the interest rate if the Bank of England base rate changes.
After 12 months the account will change to an Instant Saver. You can make as many withdrawals as you like from this account and there are no charges for doing so. Whenever you see an advert for a savings account which shows an interest rate, you will see the AER. This means you can use the AER to compare accounts.
It shows what the interest rate would be if your interest was paid and compounded once each year. For more definitions, view our savings glossary. Our straight-forward options could provide a higher return than saving. Choose from our three ready-made funds and let the experts do the rest. Online applications must be made in your sole name but the account can be made joint in branch or over the phone, once opened. With our savings calculator you can find out how much you need to put away each month to reach your savings target or calculate the future value of your savings.
You can also work out how long it will take you to hit your goal. We have a range of savings accounts, whether you need easy access to your money, peace of mind of a fixed rate of return, tax free or even one for your child. Earn a higher rate of interest for setting aside your savings for a fixed period of time. More about supporting a mortgage. Compare all our savings accounts. Our straight-forward options could provide a higher return than saving. Choose from our three ready-made funds and let the experts do the rest.
You could win in one of our free monthly draws. See our prize draw page to find the full rules and details on how to register. For a definition of AER, gross and other terms, view our savings glossary. You can also visit our Financial Services Compensation Scheme page for more details.
Say hello to Money Smart Our new bank account and savings account for 11 to 15 year olds. Thanks in advance. Hello, advice please!???? Can someone please respond on, thanks. Woodyrocks Forumite 1. Hey Nipper, I am no expert but I am quite good at rummaging through the boards using the search option if nec'. I came across this on the instant access savings thread. As it says i would have a look at Martin's article on the front page on the best regular savers out there right about now.
Afahmaep Forumite Posts. Nipper78 wrote: ». I've read the article, thanks. As I said I'm looking at going all with one bank.
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