Which bank gives the highest interest rates on savings accounts in England.?

Answer 1

A high rate on savings account. This depends whether you want to invest on a regular basis or invest a lump sum.
If you would like to do a regular savings then the regular savings options are very good. However before you open an account make sure you have invested 3k in a mini cash Isa as these are tax free. You can also invest on a regular basis.
If you have a lump sum and you have done the 3k Isa then i would recommend the Alliance & Leicesrter DirectSaver however the minimum amount is 5k. I have also seen the HSBC have a good online account which you can save from a £!
Good Luck

Answer 2

HSBC do regular saver @ 12% but there are tie ins... same with Alliance & Leicester @ 7%. To maximise your returns I would invest in an ISA, because the interest you gain from capital is tax free.
You could be more adventurous and go for a share/bond type ISA for better returns plus instant access

Answer 3

If you are serious about saving money.
And you are looking for best savings account.
Then this is not good way to check which Bank gives
have highest interset rate.

The actual thing is your SAVINGS ACCOUNT not the BANK!

I mean it depends upon the specific Savings Account you
open with them for maximum earnings.

Really interset rate is one plus point,
there are so many other factors,
like duration, tax, insurance, .......

I suggest you get the best savings account
according to your needs, do not only look
for hightest interst rate bank.

Ask your banker, or financial advisor for more
specific information.
You can also check resource site
for free articles about BEST SAVINGS ACCOUNT
here in UK.

Answer 4

I believe they are all the same to be honest, since they play with the terms and conditions. Plus, there is no point knowing what they offer as you should consider the inflation rate which reduces the value of money. So, at the end of your investment your not left with much money or your money doesn’t have the value (of course in the long-term). I recommend you portfolio investing if you are seeking abnormal returns.

Answer 5

Banks exist to make a earnings and a few of their earnings is made by how lots pastime they cost on a loan. evaluate procuring a loaf of bread. If the bread is the comparable high quality in 2 distinctive shops yet one expenditures much less then you will purchase the greater cost-effective loaf. it extremely is the comparable with banks, in basic terms you're procuring money no longer bread. by putting up intrest expenditures the financial enterprise might earn greater money on the 'sale' (loan) yet the two human beings might bypass and 'purchase' from a distinctive financial enterprise. the backside cost as set by the financial enterprise of england is in basic terms a instruction manual. collectively as banks might stick to tournament as a fashion to stay competetive on the severe street, they do no longer could.

Answer 6

alliance + leicester