There are many different types of savings accounts that serve a variety of different purposes. So what are the different types of savings accounts available to you?
Savings accounts are a great way to make your money work for you. However, the world of savings accounts can be confusing, with many different types of account, interest rates, notice periods and more, so where do you start?
Let our expertise and knowledge help you better understand what savings accounts are and how they work. We want to give you a basic understanding of savings accounts and put you well on your way to being able to choose the right savings account for you!
Types of Savings Accounts
There are many different types of savings accounts that serve a variety of different purposes. So what are the different types of savings accounts available to you?
How Savings Accounts Work
The way savings accounts work is fairly straightforward. Once you’ve opened the account with your chosen provider, you simply deposit funds and it begins earning interest.
Savings Jargon Explained
Whether it’s Gross, AER, Maturity or even Tax Free, we can help you navigate some of the savings terms and explain them in a simple way so that you can sort the jargon!
Our Guide to Easy Access
Let us talk you through what to look out for with Easy Access savings accounts.
Our Guide to Cash ISAs
Learn more about whether a Cash ISA is the right type of account for you.
Our Guide to Fixed Rate Bonds
We’ll talk you through the pros and cons of locking your money into fixed rate bonds.
Our Guide to Children's Accounts
Learn about the different types of children’s accounts and how they work.
Our Guide to Notice Accounts
Explore the advantages and disadvantages of using a notice account for your savings.
Got a minute? Check out our latest savings podcasts – A Spotlight on Savings – below.
How to Start Saving
Learn how to get started saving with helpful advice from our team of savings experts.
The Importance of Saving
Find out the importance of savings & how they can improve your financial security.
Tips to Kickstart Your Savings
Kickstart your savings journey with our top three tips for savings success.
Types of Savings Account
Navigate the market with our helpful advice on the types of savings accounts
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