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The official start of Summer is finally here (although you’d be forgiven for thinking otherwise with the weather) meaning time off to relax and unwind.
The holiday period can be a great time to review your savings to ensure they’re in good shape, so here’s our three top tips to help you along: 1) Get a better return on money in your current account. We all keep money in our current account, but why aren't we all making sure we benefit from a high interest rate? Here are some of the best High Interest Current Accounts. You can get up to 5% AER from TSB Bank and Nationwide on balances of up to £2,000 and £2,500 respectively. For larger sums, Santander’s 123 Current Account, offers 3% AER on balances up to £20,000. 2) Ensure you have access to funds for those unexpected emergencies. Easy access accounts are a great way to make sure you can get at your money quickly and easily, which can give you peace of mind in sticky situations. RCI Bank is offering the market leading easy access account, Freedom Savings Account paying 1.45% gross/AER. For more options, take a look at our Easy Access Best Buy Table. For those who haven't used up their 2016/17 tax year ISA allowance, take a look at our Variable Rate Cash ISA Best Buy Table. 3) Start saving now for next summer's holiday. Regular Savings Accounts are a great way to get into the saving habit each month and earn a high interest rate at the same time. The top rates on offer at the moment are from First Direct and M&S Bank, both paying 6% gross/AER. |
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Best Savings Deals SummaryIf you have any queries regarding our Best Buy Tables, an account featured or the suitability of the account for your needs, please call us on 0800 321 3581
* Deposits held with RCI Bank are covered by the FGDR, which is the French equivalent of the UK Financial Services Compensation Scheme (FSCS). Please contact us if you would like further information. Our Best Buy Tables are based on whole of market research, independent and have no commercial bias, ensuring that you can rely on them to make an informed decision. Alternatively, please call us on 0800 321 3581 to discuss your savings with one of our expert advisers. |