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!
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?
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.
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!
Let us talk you through what to look out for with Easy Access savings accounts.
Learn more about whether a Cash ISA is the right type of account for you.
We’ll talk you through the pros and cons of locking your money into fixed rate bonds.
Learn about the different types of children’s accounts and how they work.
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.
Learn how to get started saving with helpful advice from our team of savings experts.
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Kickstart your savings journey with our top three tips for savings success.
Navigate the market with our helpful advice on the types of savings accounts
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