Best Savings Accounts in the UK - Summer 2024

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  • Опубликовано: 6 янв 2025

Комментарии • 10

  • @Moneytothemasses
    @Moneytothemasses  6 месяцев назад +1

    Today Moneybox has just updated their cash Lifetime ISA rate to 5%
    "This includes a 4.00% base rate (variable) and a fixed one year bonus interest rate of 1.00%"

  • @ChristopherMcLarenExperience
    @ChristopherMcLarenExperience 3 месяца назад

    So these aren't fixed rates right? As you're saying that they an drop etc.

    • @Moneytothemasses
      @Moneytothemasses  3 месяца назад

      Only the fixed-term bond rates are fixed.... here is a link to the current best fixed-rate savings accounts in the UK
      moneytothemasses.com/saving-for-your-future/savings-best-buy-tables/fixed-rate-bonds
      Damien

  • @olivernorgrove_
    @olivernorgrove_ 4 месяца назад +1

    Trading 212 Cash ISA is 5.2%

  • @ilsahelahi4547
    @ilsahelahi4547 5 месяцев назад

    what about nat west? they have a savings account thats 6.14%

    • @sauldownbadman876
      @sauldownbadman876 5 месяцев назад +4

      Because it's only up to 5000

    • @leaf3827
      @leaf3827 5 месяцев назад +1

      Im actually looking to switch from my Natwest flexible saver account to try and get a bit more interest on my money, not sure if its worth trying The Co-op 7% regular saver.

    • @heresyslamyou
      @heresyslamyou 5 месяцев назад

      @@leaf3827 I have both Natwest Digital Regular Saver and Co-Op Regular Saver accounts. Once you have £5000 in the Natwest account you can not put any more money in and it will just generate ~£300 yearly interest (as long as the rates are the same).
      The downside being that you can only put in £150 per month - whereas the Co-op one is only for a year then you'll have to move it to a lower interest account.
      So the Natwest account is better long term as somewhere to gradually save/maintain an emergency fund, but the Co-op one is better short term.
      edit: once you have £5000 in there, you can move the interest into a different account every so often because it's only 1.75% over £5000+

    • @Theway2Mount7Up
      @Theway2Mount7Up 5 месяцев назад +1

      Which savings account is this on NatWest?