Savings Accounts are useful tool for all types of savers, whether you're saving towards a holiday, new car, or simply a rainy day, there are a number of top savings accounts designed to help you reach that goal.
With so much competition in the banking sector, it can be very confusing as to which account is offering the best deal, as each provider is trying to sell you their product through a number of attractive features and benefits.
At Which4U we
compare savings accounts to give you an overview of the top savings accounts around, allowing you to easily identify what each account has to offer, helping you to choose the right savings account for you. Our tables are generally set up with the top savings accounts higher up the tables, allowing you to distinguish which accounts offer the better deal.
All savings accounts offered by UK providers cover savers for up to £85,000 as part of the Financial Services Compensation Scheme, who step in to ensure you are reunited with your cash should your bank fall into financial trouble. This provides you with peace of mind in knowing that your savings are safe. This covers a range of savings products, including
cash ISAs and
fixed term bonds.
For this reason it is important not to deposit more than £85,000 within any one financial institution (unless brands within the institution are registered separately) and if you intent to invest over this limit, spread out your cash between institutions, as this way you can protect your entire savings.
