Quizzes & Puzzles9 mins ago
Basic Savings account
Answers
No best answer has yet been selected by Amm-arD. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Here's a list of some savings accounts. Included are internet accounts which normally pay a wee bit more extra.
If you're not planning to save more than �3000 per year I'd consider an ISA as they're tax free. Anything other than an ISA and you'll not get the full rate advertised if you're a taxpayer. In that case, the taxman gets one fifth of the advertised rate and you get 4/5ths
Interest is what is left after the tax deduction (except for the ISA) and also what most people forget inflation. We all know that inflation is higher than the official figures dont we. There are not many accounts that get you into profit but if you are willing to save online then ICICI (yes that is correct ) is best. Here are comparisons
http://www.arrow1066.co.uk/savings.htm
(If this link does not work take out any characters after the final slash. fault on AB )