Best ‘name you will know‘ savings account (others are available)
Please note…
The information provided here is an opinion. It is NOT a recommendation and we DO NOT receive payments or ‘referral fees’ from the company in question – no affiliation. Just so you know.
This information was generated on 16th. July 2019 and correct as of then. Please also be sure to check this section for any new posts after this date. Better deals may follow, or this deal may end.
Interest rates
Current interest rates on savings accounts right now are pathetic to put it mildly. Rates range from 0.1% in an easy access account to around 2.55% at best, in a fixed term account, typically over a 3-5 year term.
But here’s one to check, and you’ll know the name
National Savings and Investments
Guaranteed Income Bonds. Fixed term 1 or 3 years. No access until end of term. 1 year at 1.45% AER (Issue 64), or 3 years at 1.90% AER (Issue 59). Taxable paid gross. Find out more here.
AER – Annual Equivalent Rate
Or
Guaranteed Growth Bonds. Fixed term of 1 or 3 years. No access until end of term. 1 year at 1.50% AER (Issue 64), or 3 years (Issue 59) at 1.95% AER. Taxable paid gross. Find out more here.
AER – Annual Equivalent Rate
Please note – these are online only accounts and will not suit savers requiring easy access terms. Tax is payable, if you are a tax payer.
Important – please remember to do your research
We do not recommend any offer or deal. We provide this information only as an opinion and a place for you to start and search for your ideal deal.
Always! Always! Always! Remember to please do your own proper research and select carefully. If in doubt, please seek professional financial advice.
Check dates for saving account information updates re later posts. Thank you.