Money Saving E-Newsletter
Once a month - Top 10 deals - Spam free
The Financial Services Compensation Scheme will protect your deposits up to £50,000. If you have over this amount with any one financial institution we suggest opening several savings accounts and depositing up to this amount with each. For more information please read our 'Top 10 Savings Accounts Tips'.
| Provider | Account | AER | Min Bal | O/D Rate | O/D Buffer | Apply |
|---|---|---|---|---|---|---|
 |
Premier Direct Current Account
|
8.50%
|
£1
|
0%
for 12 mths
|
£2,000
|
|
|
Get 8.5% AER on all balances up to £2,500
|
||||||
 |
8% Current Account
|
8%
|
£1
|
0%
for 4 mths
|
£1,000
|
|
 |
Current Account
|
0%
|
£1
|
0%
|
£250
|
|
|
First Direct will give you £100 when you switch your current account to them!
|
||||||
 |
Current Account Advance
|
0.10%
|
£1
|
0%
for 2 mths
|
£500
|
|
|
You need to pay at least £500 per month into this account
|
||||||
|
|
0% Overdraft Current Account
|
0.10%
|
£1
|
0%
for 12 mths
|
£5,000
|
|
|
|
Under 21's Account
|
10%
|
£1
|
0%
|
£2,500
|
|
|
(for 16 -20 year olds only)
|
||||||
|
|
Plus Account
|
6%
|
£1
|
17.9%
|
£1,000
|
|
|
Pay £12.50 per month for Extra Benefits & 6% AER on balances up to £1,000
|
||||||
Alliance Leicester - Premier Direct Current Account
- 8.5% Annual Earnings Rate on balances up to £2,500
- **(8.5% is fixed for 1 year)**
- 0.1% AER (variable) on balances over £2,500
- 0% overdraft for 12 months from account opening, then 50p a day (up to £5 a month) if agreed by Alliance and Leicester.
- You have to pay at least £500 per month into your current account
- You must be over the age of 21
Abbey - 8% Current Account
- Earn 8% AER on balances up to £2,500 for 12 months
- After 12 months you will earn 2.5% AER on any balance on the account
- 0% interest- free on Overdrafts for the first four months, after 4 months this will revert to 19.9%EAR
- Manage your day-to-day money for free with no monthly account fee, no transaction charges and no charges for using account facilities - as long as you remain in credit
- Get a cheque book and a Visa Debit card. You can use your Visa Debit card in shops wherever you see the Visa symbol and at virtually every cash machine in the UK and many worldwide. It also acts as a £100 cheque guarantee card
- Access to your money 24 hours a day 7 days a week through our e-banking service, 750+ branches, 24-hour telephone banking service, LINK cash machine network or even by post
- At least £1,000 a month must be credited to get 8% AER on balances up to £2,500
- If not switching earn 8% AER on balances up to £1,000 for 12 months if £1,000 is credited each month
First Direct - Current Account
- Switch to a first direct and they will give you £100!
- **(To get £100 You must pay in at least £1500 within 6 months)**
- If you're not happy after 6 months First Direct will give you another £100 and help you move to another bank!
- **Exclusive to First Direct Current Account holders** - 8% AER/Gross fixed for 12 months.
- (Available when you open a Regular Saver Account alongside your current account).
- 8% AER is given if you agree to a 12 month fixed term with no withdrawals allowed.
- Interest paid on maturity.
HSBC - Current Account Advance
- HSBC Automatically transfer your Direct Debits and standing orders to your new account
- New cheque book & Debit Card within a week of you opening your account...or HSBC give you £10
- Enjoy a 0% overdraft for two months, while HSBC transfer your account After this time the overdraft rate will be 19.9% EAR variable
- You need to pay at least £500 per month into this account
Abbey - 0% Overdraft Current Account
- 0% overdraft for 12 months
- After 12 months you will pay an Advance Overdraft rate of only 12.9% EAR
- When switching, Abbey will offer to match your previous overdraft up to £5,000. *Conditions apply*
- Earn 0.1% AER on any balance on the account
- Get a cheque book and a Visa Debit card. You can use your Visa Debit card in shops wherever you see the Visa symbol and at virtually every cash machine in the UK and many worldwide. It also acts as a £100 cheque guarantee card
- Access to your money 24 hours a day 7 days a week through our e-banking service, 750+ branches, 24-hour telephone banking service, LINK cash machine network or even by post
- At least £1,000 a month must be credited to benefit from this offer
Alliance Leicester - Under 21's Account
- 10.00% AER (fixed until 30.04.09) on balances up to £1,000
- 0.10% AER (variable) on balances over £1,000
- Access to a £2,500 0% overdraft facility
- Visa debit card
- Access to your account via Internet, Telephone and Mobile Banking
- Recommend a friend and earn £50
HSBC - Plus Account
- Credit interest:
- 6% AER fixed on balances up to £1,000 (for 12 months from account opening)
- 2.5% AER (2.47% gross) up to £2,500
- Thereafter 0.1% gross/AER
- Overdraft facility at 17.9% EAR variable
- Fee free cash withdrawals worldwide
- Worldwide family travel insurance (inc. winter sports cover - up to aged 70)
| Provider | Account | AER | Notice | Interest Paid | Min Bal | Apply |
|---|---|---|---|---|---|---|
|
|
eSaver
|
6.30%
|
Instant
|
Monthly
|
£1
|
|
|
Receive NO interest in the month you make a withdrawal
|
||||||
 |
Savings Account
|
6%
|
Instant
|
Monthly
|
£1
|
|
|
6.00%AER on balances £1+ NO withdrawal Penalties!
|
||||||
|
|
Instant Access Saver (Issue 2)
|
6%
|
Instant
|
Annually
|
£1,000
|
|
|
|
Online Tracker
|
6%
|
Instant
|
Annually
|
£1
|
|
 |
e-Saver
|
5.99%
|
Instant
|
Monthly
|
£1
|
|
|
|
eSaver Direct
|
5.69%
|
Instant
|
Monthly
|
£1
|
|
 |
HiSAVE Savings
|
5.50%
|
Instant
|
Monthly
|
£1
|
|
 |
Websaver Extra
|
5.50%
|
Instant
|
Annually
|
£1
|
|
 |
e-SAVER
|
5.35%
|
Instant
|
Annually
|
£1
|
|
 |
E-Savings Reward
|
4.73%
|
Instant
|
Monthly
|
£1
|
|
 |
Bonus Saver (Issue 3)
|
4.70%
|
Instant
|
Annually
|
£500
|
|
 |
Instant Saver
|
3.75%
|
Instant
|
Annually
|
£500
|
|
 |
Internet Saver
|
3.50%
|
Instant
|
Annually
|
£1
|
|
|
|
Nest-egg Savings Accounts
|
3.48%
|
Instant
|
Monthly
|
£5,000
|
|
|
|
Active Savings Account
|
3.25%
|
Instant
|
Monthly
|
£1
|
|
|
|
Base Beater
|
3.05%
|
Instant
|
Annually
|
£500
|
|
Alliance Leicester - eSaver
- EARN 6.30% gross p.a./AER variable (6.13% gross monthly), if you don’t make a withdrawal.
- Interest earned every month that no withdrawal is made. In a month in which a withdrawal is made, no interest is earned on the account balance (except in July, when withdrawals are allowed without loss of interest). The AER will therefore be lower if you withdraw in a year.
- The AER is GUARANTEED to be at least 0.50% above the Bank of England Base Rate until 28 February 2010, giving you long term value.
- Save between £1 and £500,000.
- Save regular amounts each month, or put in one-off payments whenever you want.
- Access your money within 24 hours when a transfer is made into your Alliance & Leicester current account; or up to 3 working days for transfers to a current account with another provider.
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
ING Direct - Savings Account
- Interest rates at 6.0% AER which includes a 1.67% gross bonus fixed for first 12 months.
- Open with £1 - save up to £1million
- No penalties if you withdraw
- Open an account in minutes
Abbey - Instant Access Saver (Issue 2)
- ***6.0%AER on balances £1k+ NO withdrawal Penalties!***
- Earn 6.0%AER on all balances above £1,000 (includes a 1% bonus for the first 12 months)
- Abbey are part of the Santander group one of the 10 largest banks in the world!
- 2.25% AER on all balances below £1,000
- Withdraw cash as often as you like with NO penalties!
- Transfer money between existing Abbey Accounts
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Alliance Leicester - Online Tracker
- Earn 6.00% gross p.a./AER (variable), this includes a bonus of 1.30% payable until 04 January 2010.
- The underlying rate (rate excluding bonus) is guaranteed to equal or exceed the Bank of England base rate until 31 January 2011.
- Save from £1 to £2,000,000.
- Save regular amounts each month, or put in one-off payments whenever you want.
- Interest is paid annually on 1 October.
- Access your money within 24 hours when a transfer is made into your Alliance & Leicester current account; or up to 3 working days for transfers to a current account with another provider.
- Online account.
- No withdrawal charges.
- Available to those aged 18 or over.
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Birmingham Midshire - e-Saver
- Earn a great rate of 5.99% AER, with unlimited deposits and withdrawals!
- Invest from as little as £1 to £5 million.
- Access your account 24/7 via easy-to-use Internet Banking
- Make unlimited transactions with no loss of interest.
- View full and mini statements.
- Secure password protection.
Abbey - eSaver Direct
- Abbey are part of the Santander group one of the 10 largest banks in the world!
- Earn up to 6.0%AER on all balances above £1 and below £2million providing NO withdrawals are made in a year
- Get 5.69% AER if make a withdrawal inside 1st year
- Move money in and out whenever you like - Cash Card with every account!
- State-of-the-art 24/7 online account access
- Interest is calculated daily and paid Monthly
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
ICICI - HiSAVE Savings
- Earn an Annual Equivalent Rate (AER) of 5.50%
- From 1st of January 2008, ICICI Annualized Equivalent Rate (AER) rate is guaranteed to be 0.30% above Bank of England base rate until 31st of December 2011
- Start saving with a balance as low as £1
- 24/7 Online access allowing you to view funds and transfer funds in, and out with ease.
- Your money is freely available for withdrawal and transfer without a notice period or minimum period for deposits
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Halifax - Websaver Extra
- 5.50% AER on Balances £1 - £100,000
- After £100,000 a lower rate of interest is applicable
- Unlimited withdrawals without loss of interest
- Access your money by transferring to another account online
- Interest paid annually
- You need to be a UK resident personal customers aged 11+
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Principality - e-SAVER
- 5.38% Gross p.a./AER variable interest.
- Unlimited access with no notice required.
- Manage your savings online.
- Invest between £1 and £1,000,000.
- Secure and easy to use.
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS – Financial Services Compensation Scheme.
Barclays - E-Savings Reward
- Interest paid monthly
- If you make NO Withdrawals in a month you get 4.73% AER (4.63% gross pa*)
- If you make a withdrawal you get 2.66% AER (2.63% gross pa)for that month
- Rates include a 12 month introductory bonus of 0.75% gross, payable from the date you open your account with a minimum of £1
- If your a Barclays customer you get easy transfer between your Barclays current and savings accounts
- Maximum balance of £2million
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Capital One - Bonus Saver (Issue 3)
- Interest rate of 4.70% AER - Includes 1% Bonus for 12 months
- Unlimited, free access to your money
- Interest paid monthly or annually
- Invest from £500 to £1 million
- Manage your account online 24/7, via the phone or by post
Post Office - Instant Saver
- Get 3.75% AER (includes a 1.5% gross introductory bonus for 12 months from Account opening)
- Get 6 free withdrawals per year - and only £1 per withdrawal thereafter
- Save £500 to £1million
- Interest is paid annually in March
- Post Office guarantee to pass on any rise in the Bank of England Base Rate (within 30 days) until January 2010
- Post Office also guarantee that your interest rate will never be more than 1% below the Bank of England Base Rate for the life of the account.
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Sainsburys - Internet Saver
- 3.50% AER across all your Internet Saver balances
- Interest is calculated daily and paid annually on the anniversary of account opening
- Have Multiple Accounts & Keep track of your savings - name your accounts, such as 'Holiday', 'Wedding' or 'Rainy Day'
- Online servicing ensures you can access your account at any time
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Barclays - Nest-egg Savings Accounts
- £5k Minimum Balance Required
- If you make NO Withdrawals in a month you get 3.48% AER (3.43% gross pa*)
- If you make a withdrawal you get 1.44% AER (1.43% gross pa*)for that month
- Tiered interest rates, with interest paid monthly, depending on your balance
- Rates include a 12 month introductory bonus of 0.75% gross, payable from the date you open your account.
- No withdrawal restrictions
- Easy transfer between your Barclays current and savings accounts
- No maximum balance or deposit
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Barclays - Active Savings Account
- Interest paid monthly
- Get a rate of 3.25%AER/3.20% Gross
- Instant access with no loss of interest or restrictions on withdrawals
- Rates include a 12 month introductory bonus of 0.75% gross, payable from the date you open your account with a minimum of £1
- Optional cash card - withdraw up to £300 a day
- No maximum balance or deposit
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Capital One - Base Beater
- Guaranteed to beat the Base Rate until 1st July 2010
- Free and easy access to your money
- Manage your account online 24/7, via the phone or by post
- YOUR SAVINGS ARE PROTECTED UP TO £50K BY THE FSCS
| Provider | Account | AER | Duration | Interest Paid | Min Bal | Apply |
|---|---|---|---|---|---|---|
|
|
1 Year HiSAVE Fixed Rate
|
5.75%
|
Fixed term for 1 year
|
On Maturity
|
£1,000
|
|
|
|
1 Year Fixed Rate Bond
|
5.70%
|
Fixed term for 1 year
|
Monthly
|
£1,000
|
|
 |
e-Bond
|
5.58%
|
Deposit now fixed until 30th June 2009
|
On Maturity
|
£500
|
|
|
|
2 Year HiSAVE Fixed Rate
|
5.42%
|
Fixed term for 2 years
|
On Maturity
|
£1,000
|
|
|
|
3 Year HiSAVE Fixed Rate
|
5.21%
|
Fixed term for 3 years
|
On Maturity
|
£1,000
|
|
|
|
6 Month HiSAVE Fixed Rate
|
4.95%
|
Fixed term for 6 months
|
On Maturity
|
£1,000
|
ICICI - 1 Year HiSAVE Fixed Rate
- Minimum Deposit £1000 - No Maximum!
- Deposit for a period of 1 year
- Earn an Annual Equivalent Rate (AER) of 5.75%
- Online Access allowing you to deposit funds and view your cash at all times.
- Access can be given to funds if required but this will reduce the interest rate to 5.40%AER - which is still very competitive!
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
Capital One - 1 Year Fixed Rate Bond
- Choice of 1 to 5 year terms with interest paid monthly or annually
- 1 Year = 5.70%AER
- 2 Years = 4.20% AER
- 3 Years = 4.30% AER
- 4 Years = 4.40% AER
- 5 Years = 4.50% AER
- Early access to your money is allow but subject to an interest deduction
- Invest from £1000 to £1 million
- Manage your savings online 24/7, via the phone or by post
Yorkshire Building Society - e-Bond
- Deposit £500 to £500,000 now which is fixed until 30th June 2009
- Guaranteed fixed rate of 5.58%AER for the duration of the bond
- You can save as little as £100 or as much as £500,000
- Apply online with no forms to fill in or sign
- Make additional deposits whilst the bond is open to new investors.
- View your balance and transaction history online
- No withdrawals allowed during the term of the e-Bond
- Early closure is only permitted after 3 months and is subject to loss of 90 days interest
ICICI - 2 Year HiSAVE Fixed Rate
- Minimum Deposit £1000 - No Maximum!
- Deposit for a period of 2 years
- Earn an Annual Equivalent Rate (AER) of 5.42%
- Online Access allowing you to deposit funds and view your cash at all times.
- Access can be given to funds if required but this will reduce the interest rate to 5.09%AER - which is still very competitive!
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
ICICI - 3 Year HiSAVE Fixed Rate
- Minimum Deposit £1000 - No Maximum!
- Deposit for a period of 3 years
- Earn an Annual Equivalent Rate (AER) of 5.21%
- Online Access allowing you to deposit funds and view your cash at all times.
- Access can be given to funds if required but this will reduce the interest rate to 4.90%AER - which is still very competitive!
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
ICICI - 6 Month HiSAVE Fixed Rate
- Minimum Deposit £1000 - No Maximum!
- Deposit for a period of 6 months
- Earn an Annual Equivalent Rate (AER) of 4.95%
- Online Access allowing you to deposit funds and view your cash at all times.
- Access can be given to funds if required and your interest will still be 4.95%AER.
- YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme
| Provider | Account | AER | Notice | Deposit Per Year | Apply | |
|---|---|---|---|---|---|---|
| Min | Max | |||||
|
|
ISA
|
5.50%
|
Instant
|
£1 | £3,600 | |
 |
Index-Tracking ISAs
|
5%
|
5 years
|
£500 | £3,600 | |
 |
Share Trading ISA
|
0%
|
Instant
|
£1 | £3,600 | |
 |
Climate Change ISA
|
N/A
|
Instant
|
£100 | £7,000 | |
Alliance Leicester - ISA
- Earn 6.00% gross p.a./AER, this rate includes a 1.00% bonus payable until 7 December 2009.
- Save from £1 up to £3,600 in each tax year, plus any previous tax years’ ISA funds.
- Funds cannot be transferred from another Alliance & Leicester ISA.
- Save regular amounts each month, or put in one-off payments whenever you want, subject to ISA limits.
- * Interest is paid annually
- * Access your money within 24 hours when a transfer is made into your Alliance & Leicester current account: or up to 3 working days for transfers to a current account with another provider.
- Online and telephone account.
- No withdrawal charges.
- Available to those aged 16 or over.
Legal & General - Index-Tracking ISAs
- Index-tracking ISAs (sometimes called tracker ISAs) aim to produce a return in line with a market or sector, for example, Europe or technology.
- You can Manage your investments online.
- You can Choose from 9 index-tracking trusts to invest in.
- Get unlimited returns from your investments - up £3600 per year Tax Free! After this point you will have to pay tax.
- Warning: MARKETS CAN GO DOWN - INVESTMENTS CAN DECLINE IN VALUE
TD Waterhouse - Share Trading ISA
- TD share dealing ISA puts you in control of your investments
- You can choose from a wide range of investments including UK and international stocks and over 1,800 unit trusts from many of the best known fund providers.
- No annual admin fee on an account if valuation of £3,600 or above.
- You can benefit further as the Self Select ISA is a tax efficient Investment with any returns free from Capital Gains Tax.
Virgin - Climate Change ISA
- ***To speak to Virgin ISA's please call 08456 10 10 39***
- The Virgin Climate Change Fund is an environmental fund with a difference, investing in businesses Virgin believe have the potential for outstanding profit growth who are environmental leaders in their industry.
- Invest up to £7,000 a year tax-efficiently through a Virgin ISA. You can invest more than this through a Virgin Unit Trust.
- Pay in lump sums from £100 (your first lump sum must be at least £500). Or you can set up regular monthly savings, from £50 upwards.
- You can stop, start or change your payments at any time without penalty.
- 24 hour online service lets you keep track of your savings, make payments online, and change payments and other details.
- No notice periods – you can get at your money whenever you want.
| Provider | Account | AER | Free Banking Duration | Interest Paid | Offer | Apply |
|---|---|---|---|---|---|---|
|
|
Business Account
|
8%
|
for Unlimited
|
Monthly
|
FREE day-to-day banking forever
|
|
|
|
Free Business Current Account
|
3.65%
|
for Unlimited
|
Monthly
|
Free day to day banking & 3.65% interest on credit balances
|
|
 |
New Business Start up Account
|
2.75%
|
for 18 mths
|
Monthly
|
18 months FREE business banking
|
|
|
|
Business Builder Current Account
|
0%
|
for 24 mths
|
Monthly
|
2 years FREE business banking with NO charges
|