Find the Best Savings Accounts to Fight Interest Rates

If you’re looking to save money, now is a great time to open a savings account as interest rates are soaring.

With the current economic climate, many banks and building societies are offering competitive rates on their savings accounts.

Whether you’re looking for a short-term or long-term savings account, you can find one that suits your needs.

To help you make the most of your savings, we’ve rounded up the best savings accounts on the market right now.

We’ve looked at the best interest rates, minimum deposits, the ability to access your money and more to determine the best accounts available.

First up is the Santander 123 Lite account which offers 1.50% AER (variable) on balances up to £20,000.

This account is perfect for those wanting to make a short-term saving as it requires no minimum balance and allows you to access your money instantly.

For those looking to set aside cash for the long-term, the Nationwide FlexDirect account offers a 1.00% AER (variable) on balances up to £2,500.

This account also offers no minimum balance and easy access to your funds.

If you’re looking for a higher interest rate, the TSB Classic Plus account offers a 2.00% AER (variable) on balances up to £1,500.

This account does require a minimum balance of £500 and you can access your money with a 5-day notice period.

Finally, the Marcus account from Goldman Sachs offers a 1.50% AER (variable) on balances up to £250,000.

This account is ideal for those looking to make a long-term saving as it requires a minimum balance of £1 and you can access your money with a notice period of 35 days.

So, if you’re looking to save money, now is the perfect time to open a savings account. With plenty of competitive rates available, you can find the perfect account to fit your needs.

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