With personal budgets being pulled in all directions due to increasing fuel, food and energy costs, getting a decent return on your savings is one way to lessen the financial pain.
High Street Bank Easy Access accounts are paying a pittance – most at 0.02% or less so it’s in your interest (excuse the pun!) to find a better home for your cash.
Here are a few suggestions, all will deliver a much better return thank the big banks:
Easy Access – Coventry Building Society 0.65% (four withdrawals per annum)
Easy access – Shawbrook Bank 0.62% – Easy Access Account Issue 27 (no withdrawal restrictions)
1 Year Fixed Rate Bond – Investec Bank 1.33%
18 month Fixed Rate Bond – Charter Savings Bank 1.51%
2 Year Fixed Rate Bond – Gatehouse Bank Green Saver 1.60%
It’s quick and easy to move your savings balance, and there’s no reason to put up with rubbish rates, so why not put it on your to-do list this weekend?