High Interest Rate Savings Accounts

With regard to savings accounts, there is one thing that matters more than anything else for most people - the rate of interest they will get.

By their nature, savings accounts should have less action than current accounts in terms of money in and out, the aim is to grow a pot of money and leave it there.

Because of this, many banks offer more attractive rates on savings accounts than current accounts, however often there are conditions such as if you make too many withdrawals in a specified period, your interest rate drops, or likewise there may be a bonus if you don't make any withdrawals from the account for a set period of time - for instance a year.

So if you are not sure if you might need to dip into your savings every now and then to ensure that there are no such penalties on your account, and to abide by the rules, otherwise your interest rate can plummet.

Here is a list of some of the best rates out there at the moment for notice accounts and no notice accounts: