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MoneyMonkey.co.uk has teamed up with a number of the country’s leading
banks to offer you some great deals on savings accounts, including some
special offers. Click the button above and select savings accounts - you
can compare the interest rates and overdraft facilities for leading bank
accounts. You can also open an account on-line.
Savings accounts are a risk free method of saving for the future or for future purchases. They often offer higher interest rates than current accounts making them an attractive method of saving money.
Within these organisations there are also many different types of savings accounts to choose from. These include instant access/no notice, notice, mini and maxi cash ISAs, child savings accounts and online accounts.
Instant access accounts offer a lower rate of interest than notice accounts. The advantage being that a customer will have immediate access to their savings with no notice to the bank or building society. A notice account usually offers a good rate of interest, which increases as the balance of the account increases. This is an excellent method of saving for future needs. It is also useful account for children, although most banking institutions do offer dedicated children's accounts offering higher rates of interest.