12 March 2010 :
Compare Credit Cards, Pet Insurance and Savings Accounts
Online Savings Accounts
There are now savings accounts that you can open and administer entirely over the internet. Because they allow banks to save on processing and staff time, they are able to offer good rates of interest on these accounts. The same level of account that you obtain in a branch of the same bank may give a lower rate of interest than the online version. Read more...>
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Nationwide eBondChoose from 6 months to 5 year term |
2.25% | 6m, 1, 2, 3 or 5 years |
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| ** In order to access this rate you will need to open a Nationwide current account or be an existing Nationwide current account holder ** | ||||
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Alliance & Leicester Online Saver2.75% AER a variable bonus for 12 months |
2.75% | Instant Access |
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ING DirectRate guaranteed for 12 months from account opening |
2.5% | Instant Access |
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Internet access is the preferred method of interacting with their finances for many people these days, giving them the freedom to manage their money whenever they want. An internet savings account can blend very well with an online lifestyle.
Security of online transactions is one area where some customers still have concerns but the major banks have invested heavily in making sure that online systems are as secure as possible. The internet is a big part of the future for banking and they cannot afford to build insecure systems.
The choice of internet savings accounts is vast and the rules of thumb still apply that you need to balance the access level that you will get against the rate of interest that you will receive. High introductory rates do not always last so make sure that the real rate of return over years is suited to you.
Not having a branch for an internet account means that access to actual cash is usually through an ATM or through your current account.
Top Tips for Internet Savings Accounts
- If you do most of your business via the internet it might make sense to use an internet savings account and take advantage of increased rates
- Banks are keen to attract customers to their internet accounts and that’s shown in the higher rates
- With an internet account you can view statements, make payments and deposit money all via the web
- Internet accounts are easy to open so you don’t have make an appointment or struggle with in branch queues
Save an average of £244.60
on your energy bills
on your energy bills
Finance News
Two-fifths of over-50s 'use maximum ISA allowance'
09-Mar-10
09-Mar-10
Over-50s plan to take advantage of new ISA limits.
Winter brings fall in savings account deposits
05-Mar-10
05-Mar-10
Consumers neglected their savings accounts over winter.
Product Offers
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.