High Interest Rate Account

[bunnaaay5]

Which is the best paying savers account? Halifax are offering 4.5% online banking, barclays and A&L are offering 10% regular savings of 25 to 250 per month? Want to make my money work for me!

[Ethel]

Have you got a lump sum to invest?

Do you need instant access?

Do you pay tax?

What's best for me is not necessarily best for you.

I have a regular savings account paying 10% on �250 each month with Alliance & Leciester (need to pay �500 each month into their current account.)

I have two 7% accounts - one with Halifax at �250 per month and Dudley BS at �300 per month.

ISA pays 5.2% on �3000, tax free.

You will find excellent up to date, unbiased advice here:

http://www.moneysavingexpert.com/savings

[sammd]

If you're going to have a current account and savings account i recommend Alliance & Leicester -

Current Account 5%, Regular Savings 10%

[fireman999]

If you have a large amount to invest maybe you should look at a guaranteed reserve with Halifax, it is a very low risk account.

http://www.halifax.co.uk/savings/growth_reserv e.shtml

[Fulton]

I have a Halifax Regular Saver account that pays 7% gross, which I think is prety good.