I have a savings account which pays me tax free interest of 4.25%. Is there anyway of bettering this ?
2006-11-23 11:05:05 · 8 answers · asked by Pragmatic 2 in Business & Finance ➔ Personal Finance
I personally have an HSBC online-saver account. It is run solely over the internet banking system, and because of this, and because it means that HSBC don't have to employ any staff to manage the account or handle paperwork, the interest rate is higher. I believe it is currently 4.95%.
Alternatively you could open an ISA account, which also have good rates of interest.
You're best bet is to go down to a building society or bank, and speak to a Customer Adviser. Be warned though, they will invariably try to get you to sign up for their own company's accounts. So if you go to Natwest, you will hear all about the greatness of Natwest. Shop around!
Hope this helps,
Regard, Liam
2006-11-23 11:11:46 · answer #1 · answered by stagemanagerman2000 2 · 0⤊ 0⤋
It changes. It has to or everyone would gravitate to one bank. On the other hand the bank that customers are most satisfied with has been Smile pretty much from the day it opened for business. How much of that is down to their interest rates I can't say...
2006-11-23 11:27:10 · answer #2 · answered by DekeR 2 · 0⤊ 0⤋
All you need to do is check out Martin Lewis's web site. It gives best rates, cheapest prices etc on all the important stuff. Just look at moneysavingexpert.com. You can also sign up for regular updates. Really useful site.
2006-11-24 02:36:20 · answer #3 · answered by Jackie 4 · 0⤊ 0⤋
It changes nearly every day and you would have to be like Wal-Mart and have a force of people investing around the world to get the best rates. They all are about the same unless your talking about multi-millions of dollars, which then makes a big difference.
2006-11-23 11:09:22 · answer #4 · answered by Anonymous · 0⤊ 0⤋
go to
www.money supermarket.co.uk
type in what you want to do and how long for and the website will tell you what is out there.
Its good, accurate and what financial advisers use to give you advice that they charge you for.
2006-11-23 21:25:51 · answer #5 · answered by duncanjfield 2 · 0⤊ 0⤋
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2016-10-13 00:05:02 · answer #6 · answered by Anonymous · 0⤊ 0⤋
google moneyfacts
2006-11-24 11:17:25 · answer #7 · answered by Anonymous · 0⤊ 0⤋
go to bankrate.com tell you all you need
2006-11-24 12:14:10 · answer #8 · answered by moonwalker 3 · 0⤊ 0⤋