Only one instant access savings account has consistently offered above base rate interest on balances of £1 or more over the last three years, it has been claimed.
Research commissioned by Sainsbury's Finance found that the company's internet saver is the only such savings account .
According to the study it has paid interest above the Bank of England base rate in every month since January 2005.
Neil Cameron, savings manager for Sainsbury Finance, said: "The savings market is changing all the time with leading rates available today which might not be so attractive tomorrow, so rather than having to watch your savings like a hawk, we advise savers to make sure that they have their money in an account that consistently offers an attractive rate."
He added that the firm is proud of the track record of its internet savings account and pointed out that it had been given the Moneyfacts Trust It award.
Last week, Scott McPhail, savings manager at the Co-operative Bank, suggested that parents should put money into a savings account to help pay for the cost of keeping their children entertained in the summer holidays .
Sainsbury's proud of its internet savings account
Sainsbury's proud of its internet savings account
Wed, 07 May 2008
Recommended links
Compare savings rates and accountsSavings enquiry form
Guide to savings accounts
Types of savings accounts
Compare internet savings accounts
Find an internet savings account
Abbey ups rate on savings account
Sainsbury's savings accounts consistent, research shows
Newcastle launches new savings account
Yorkshire boosts individual savings accounts rates
Savings account holders lose out to banks, expert claims
Savings account holders remain oblivious to inflation
Instant access savings account launched
Revisions made to Bank of Scotland's instant access savings accounts
Barclays increases rate for regular savings account
Mini cash individual savings account launched
Leeds launches bonus tracker savings account
Reduced savings accounts after long winter, reveals research
Savings accounts for kids holidays
Chelsea launches ClicknSave UK savings account
Barclays' regular savings account praised
Shopping around for savings accounts is an on-going exercise, expert claims
GBP1.35bn places in savings accounts in February
Brits raid savings accounts, says study
Saving money with Abbey's new current accounts
Demand for individual savings accounts predicted to grow 30%
Chelsea savings account helps young Brits save
Savings accounts see boost with Britannia switch
Footy fans kick off with savings accounts
Too many savings accounts could confuse, expert warns
Principality launches postal savings account
Whole families should use children's savings accounts, consumers told
Financial services company warns of deadline for high interest savings account
'Inflation proof' savings accounts, investors told
Household bills putting strain on savings accounts
Future is rosy for savers, says savings account provider
Expert lauds non-UK savings accounts
Savings account offer by cahoot
Chelsea launches savings accounts
Learn about savings accounts at the supermarket
Savings accounts for football fans
Savings account changes by Alliance & Leicester
Forgotten direct debits drain savings accounts
New savings account from Post Office
Savings accounts suit old or young, expert claims
Bank launches savings account for Christmas 2006
Financing analyst highlights pricing war in savings account sector
Consumers to get more savings account information
Time running out for new Isa savings account deal
More over 50s in UK with savings accounts, study shows
More young people opening savings accounts
Sainsbury's offers branch equivalent savings account
New account from Halifax to save for children
Luxuries lead to savings account raids, survey shows
Savings accounts charge waived
Britannia kicks off two new affinity savings accounts
Holidaying Brits hit savings accounts, study shows
Passbook savings account launched
Savings account launched by Principality
Parents should try to top-up child trust fund savings accounts, expert suggests
New savings account issue from Chelsea
Britannia launches tax-free savings account
Building society launches inflation linked savings account
Money fails to make it to savings accounts for spendthrift Brits
Saving money in new CTF accounts slowing
West Bromwich launches new tracker account
Savings accounts could help parents provide, expert advises
Britons should have six months' salary in savings accounts, expert advises
Child savings accounts starting positive trend, expert claims
Savings account holders 'should look for consistency'
Online savings accounts offer easy access, expert says
Building society launches new savings accounts
Savings accounts not being used to clear debt, says report
Savings account launched by Leeds
Compare savings accounts, expert says
Brits struggle with savings accounts, figures show
Alliance & Leicester offers new savings account and ISA
Parents want online savings accounts, study shows
Golden savings account offer by N&P
Savings accounts with passbook offer less interest
Euro savings account interest rate increased
New savings account launched
A&L raises interest on Euro savings account
New savings account launched
Savings accounts set to grow
Barclays unveils 6.5% savings account
Government-backed savings accounts more popular
Sainsbury's gives warning over savings accounts
Abbey revamps fixed-rate savings account
Online banking customers get new savings account
New savings account launched
Fourth issue launched of online investment account
HSBC highlights value of child trust fund savings accounts
Savings account revamp at Barclays
Savings account tax benefits missed, survey shows
Inflation linked savings account launched
Scarborough launches tax-free savings account
first direct launches online savings account, cuts savings interest rates
New savings account launched for young people
Best-buy savings accounts named
Savings account a market leader, says ALIL
Parents urged to put funds in savings account for student offspring
HSBC launches Plus account for frequent travellers
Bristol & West to relaunch savings account with better interest rates
Norwich and Peterborough raises interest on savings accounts
Portman launches new savings account
Savings account participation lower among poorer social groups, analyst claims
Online savings account launched
Good savings accounts available, expert claims
New variable savings rates on N&P savings account
Raidings on savings accounts fall, suggests research
Financial services provider launches postal savings account
New savings account from Scarborough
Online savings account holders get bonus boost
Charity savings account from Coventry
Fantastic savings accounts on offer, expert says
Notice savings accounts "doesn't always offer best interest rates"
New Abbey savings account for over-50s
Holidays hit UK savings accounts, study shows
Charity savings accounts more popular expert claims
Cash accounts 'not appropriate' for long-term savings
Savers planning to switch individual savings accounts, report suggests
More banking customers planning to switch savings account provider, study shows
Saga launches new savings account
Savings account helps score financial goals
New children's savings account by Newcastle
Abbey launches new savings accounts
New postal savings account offered
Fantastic rates on savings accounts
Invest early to reap rewards of Isa savings account
New Chelsea savings accounts launched
Individual savings accounts set for changes
Northern Rock savings accounts safe as house, expert says
Savings accounts could feel the effect of slowing inflation
Warning over instant access savings accounts
Warning over individual savings accounts
New family savings account from Scarborough
Halifax savings account gets carbon label
Topping up savings accounts can make a difference, savings analyst claims
Savings accounts hit record levels
Britons raid savings accounts', survey shows
Britannia savings accounts set for £7.5 million boost
Savings accounts could soften Christmas, expert claims
Current account offer extended
Savings account deadline approaches
Post office launches new savings account
Halifax's child savings account marks first birthday
Child savings accounts see dip, says BSA
Leeds savings account proves popular
Personal accounts will boost savings, expert claims
Savings accounts key for kids, say expert
Savings accounts for Easter
Sales of Isa savings accounts soar, reveals research
Yorkshire launches new savings account
15,000 child savings accounts opened in June
Expert issues warning over child savings accounts
Large savings accounts needed to support England
ALIL ups interest rates on savings account
Alliance & Leicester raises rate on dollar savings account
Many savings accounts restricted, study shows
Savings accounts launched by Chelsea
Savings account offer from Leeds
Savings accounts reforms
New warning over savings accounts
Savings account offers 10% interest rate
Increase in child savings accounts
Easy access savings accounts can penalise savers, reveals survey
Young urged to put money in savings accounts
Sky Blues benefit from new saver account
Society launches new savings account
AA online savings account launched
Fixed-rate savings accounts going fast, expert says
Single people urged to open savings accounts
Rate increases boost savings accounts
Easy-access telephone savings account opens
Many things to consider when opening a savings account, says expert
Chelsea launches umbrella savings account
Yorkshire launches new savings account
Website praises cahoot savings account
51-day hangover for savings accounts
Financial services provider confirms savings accounts offering
Children keep saving money with Nationwide's Smart savings account
Abbey: Savings accounts may have restrictions
Money left in savings accounts
Birmingham Midshires praised for internet savings
<% Randomize: ord=int(rnd*1000000000) %>
 %>?)
| savings news |
|---|
| Look beyond headline grabbing savings accounts, expert suggests - Fri, 16 May 2008 |
| Government proposes savings gateway bill - Thu, 15 May 2008 |
| Egg's new savings account offer - Wed, 14 May 2008 |
| More News |
