There are several interesting ways of saving and investing money in the UK. The following list takes into account the products that I think are the best. Before you decide to choose the best option to invest money, we encourage you to familiarize yourself with more branches. Some of them can surprise future customers, providing the perfect offers. Remember that before you choose the appropriate saver account, it is necessary to talk with a representative of the bank, as well as to read carefully the terms of the agreement. It is important that our decisions should always be thoughtful. We can place our money so that in the future they will result in favorable return on investment.
The best savings accounts in the UK
Regular Saver Account – a saver account with monthly (mandatory) payment
Regular Saver Account is designed for all those, who have an account in the First Direct bank (1st account), and moreover, they paid on its behalf at least £ 1000 per month. For those, who do not yet have a bank account in the above facility is advantageously promotion – everyone, who will transfer account to the First Direct bank receives £ 125 from the bank. Immediately after assuming a basic account we open our Regular Saver account. Bank leaves us freedom in terms of this practice, so we can go into the facility, use a website or consult with the employee by telephone. When opening an account, we declare how much money per month we want to transfer and which day of the month transfer will occur. The maximum transfer amount is £ 300 per month. A feature of the proposal is that we show that we cannot pay annually more than £ 3600. After the completion of one year, we set aside money and interest are automatically credited to the primary account. In the case of payment of the maximum amount of money – £ 300 after one year we will earn £ 93 (net of tax).
TOP 4 Regular Saver Account
Kid ’s Regular Saver – A saver account with monthly payment
The Kid’s Regular Saver account, as the name suggests, is designed for children under the age of fifteen. What is more, in order to set up this type of account, you must have already Halifax bank account. In fact, account is no different from First Direct. We must also transfer to the account specified amount of money of every month (option: standing order). Minimum deposit is £ 10, while the maximum £ 100. After the year of saving, our capital with together earned interest goes into the main Young Saver Account. After this time, you can select and withdraw your money. To set up this account documents such as birth certificate of the child (UK) or passport are necessary. Interest reach up to 6% of APR
Top 1 Kid ’s Regular Saver
123 Current Account is the most ordinary in the world bank account that pays us up to 3%, depending on the contributions collected by us. In practice it looks as follows: if we have 1000 on our bank account – we should have 1% of APR, if we have more than £ 2,000 – 2%, while we have more than £ 3,000 – 3%. Keeping the 123 Current Account is paid – £ 2, unless we pay the mortgage, council tax, water, gas, electricity, telephone and internet – then there is a chance that we will get cashback