Internet Savings Grow Your Savings Quicker

Internet savings accounts are a great way of growing your money that little bit quicker than in the high street.

The reason for this is that many banks have accounts that offer higher interest rates on your savings if you save online - the reason being this keeps their costs low too as the transaction and processing costs for a bank are lower for an internet based account than one where there are physical statements to send and you going into the branch to pay in money and so forth.

Therefore if you have internet access then it makes sense if you are comfortable to bank online to save online too - as you can eke out that little bit of extra interest along the way.

Here is a list of some internet savings accounts that have a high level of interest on them compared to the market:

Provided By Name AER Account Type More Info...
Birmingham Midshirese-saver6.%5Instant accessMin deposit: £1
Kaupthing Savings6.5%InstantMin deposit: £1000
FirstSaveEasy Access6.26%InstantMin deposit: £100
Best current accounts
Best Notice/No Notice Savings accounts
Best Internet Only Savings Accounts