People should make the most of the good savings accounts on offer, one expert has claimed.
According to Sharon Bratley, chartered financial planner at Fairinvestment.co.uk, people need not fear for their money if they have savings accounts are spread across several different banking groups as it will be protected by the Financial Services Compensation Scheme up to a limit of £35,000.
She also suggested people might want to look beyond the high street in order to get the best possible savings account .
Mrs Bratley said: "It is often the less well known banks which offer much better terms, conditions and interest rates on savings.
"It pays to shop around and not restrict your choice to the most obvious providers."
People might also want to look at savings accounts with good introductory rates, but they should make sure they move their money when the bonus period comes to an end, she added.
Yesterday, Lloyds TSB announced it is launching two new savings accounts, both of which offer people an interest rate of up to six per cent.
Make the most of savings accounts, expert urges
Make the most of savings accounts, expert urges
Fri, 03 Oct 2008
Recommended links
Abbey ups rate on savings accountSainsbury's savings accounts consistent, research shows
Newcastle launches new savings account
Alliance and Leicester extends savings account offer
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
Building Society savings accounts still popular, figures show
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
Warning over easy access savings accounts
Brits raid savings accounts, says study
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
People will switch to savings accounts, expert claims
Savings accounts seen as safe haven, expert claims
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
Britannia launches new savings account
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
Sainsbury's proud of its internet savings account
Consistent savings accounts named
More over 50s in UK with savings accounts, study shows
Savings account rates up by 0.6 per cent over one year, research shows
More young people opening savings accounts
Sainsbury's offers branch equivalent savings account
Bradford and Bingley launches new savings account
Savings account rates on the rise, study finds
Affinity savings accounts can boost football clubs
Luxuries lead to savings account raids, survey shows
Savings accounts charge waived
Planning vital for savings accounts
Expert issues savings account advice
Britannia kicks off two new affinity savings accounts
Abbey launches new savings account
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
Savings account from Abbey widens consumer choice, expert believes
New 7 per cent savings account launched
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
Parents urged to open savings accounts
Savings account launched by Leeds
Compare savings accounts, expert says
Brits struggle with savings accounts, figures show
Warning over instant access savings accounts
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
Savings accounts very attractive, expert claims
A&L raises interest on Euro savings account
New savings account launched
Inflation impacting on savings accounts, expert warns
Savings accounts set to grow
Barclays unveils 6.5% savings account
Government-backed savings accounts more popular
Egg's new savings account offer
Sainsbury's gives warning over savings accounts
Abbey revamps fixed-rate savings account
Saga extends range of savings accounts
Online banking customers get new savings account
New savings account launched
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
Savings accounts vital for tough times, expert claims
first direct launches online savings account, cuts savings interest rates
New savings account launched for young people
Abbey launches 10 per cent savings account
Best-buy savings accounts named
Savings account a market leader, says ALIL
Parents urged to put funds in savings account for student offspring
Look beyond headline grabbing savings accounts, expert suggests
Bristol & West to relaunch savings account with better interest rates
Savings accounts advice issued
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
Skipton launches new savings account
Inflation warning over savings accounts
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"
Yorkshire Building Society bags savings account award
New Abbey savings account for over-50s
Savings accounts flourishing, expert claims
Holidays hit UK savings accounts, study shows
Inflation warning over savings accounts
Charity savings accounts more popular expert claims
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
Skipton launches new savings accounts
NatWest launches new savings accounts
Savings accounts could soften Christmas, expert claims
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
Savings accounts key for kids, say expert
Savings accounts for Easter
Sales of Isa savings accounts soar, reveals research
Yorkshire launches new savings account
Bradford and Bingley launches new savings account
15,000 child savings accounts opened in June
Inflation hitting savings accounts, expert warns
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
Nationwide BS launches new savings accounts
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
Customers should look for the best savings account, expert states
Savings accounts offer rates at ten year high, expert claims
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
New savings accounts are best, expert claims
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
AA launches internet savings account
51-day hangover for savings accounts
Financial services provider confirms savings accounts offering
Savings accounts vital for tough times, expert claims
Children keep saving money with Nationwide's Smart savings account
Abbey: Savings accounts may have restrictions
Money left in savings accounts
Kaupthing ups savings account rate
<% Randomize: ord=int(rnd*1000000000) %>
 %>?)
| savings news |
|---|
| Skipton Guernsey launches new savings rates - Wed, 07 Jan 2009 |
| Skipton BS launches new savings bonds - Mon, 05 Jan 2009 |
| People make savings resolutions - Fri, 02 Jan 2009 |
| More News |
