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Saving tips for 2012
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How do you get the best savings rate possible?

 

How do you get the best savings rate possible?

"The best deals can be found if you search online.

"Type the kind of savings account you are looking for into a search engine and you will find a number of comparison sites pop up." says Standard Life's John Lawson,

"Most of the comparison sites allow you to link through directly to the bank or building society offering the deal you want, allowing you to fill in an application form and secure the advertised rate there and then.

"But don't forget to check what your own bank or building society has to offer, as many give special deals to existing customers."

"Some savings accounts give a bonus interest rate for the first year," adds Frederiz Nze, CEO of Oakam, "so it is best to store your finances in this type of account for a year and then move on to a different account with a higher interest rate."




  
  


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