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The Best Interest Rates

(Updated 07:00 Saturday 22nd March 2008)

All the savings accounts below have interest paid yearly and are for new investors. The rates quoted are Gross. Mini Cash ISA's are tax free, of course. Many banks and building societies offer EVEN BETTER rates to existing customers of long standing.

It's been said before but we say this to protect you:
All rates subject to change without notice. Please check all rates and terms before investing. This is because some rate changes are announced very quietly and a few of the account terms relating to the rates we quote are quite complicated and onerous.


Internet Only Accounts

Company: Product: Rate: Min.: Access:
Alliance & Leicester eSaver 6.50% £1. Easy
Kaupthing Edge Savings Account 6.50% £1,000. Easy
Firstsave Easy Access Account 6.26% £100. Easy
ICICI bank HiSAVE Savings Account 6.16% £1. Easy

Please read on.

Instant Access accounts let us get at our money in an emergency and can often provide as good a return as accounts where a notice period has to be given before withdrawal.
However, we will include exceptionally good high rate notice accounts.

Instant Access (and High-Rate Notice) Accounts

Company: Product: Rate: Min.: Dial:
Heritable Bank Easy Access Issue 1 6.46% £1,000. 0845 607 1212
Anglo Irish Bank Easy Access Deposit (post/phone) 6.30% £1. 0845 455 2222
Manchester BS Premier Postal 6.26% £1,000. 0161 833 8888
Post Office Instant Saver 6.00%: (inc 1% bonus for 12 months) £500. 0800 169 7500

Please read on.

Being Tax-Free, Mini Cash Individual Savings Accounts can offer very good rates of interest. However, ISA's have rules and standards set by the government that dictate how you can use the account. You must get all the facts from the ISA provider and read our excellent and up-to-date How to...Understand ISAs page before you invest.

Mini Cash ISAs

Company: CAT: Rate: Min.: Access: Dial:
Kent Reliance BS - Direct Variable Rate Cash ISA No 5.76% £1. No notice. No linkage to other accounts. 08451 22 00 22
Alliance & Leicester Premier ISA (Issue 2) No 10.00% £1. Instant - must be linked to Premier current account 08703 33 34 44
Abbey Super ISA No 10.00% but at least same amount must be invested in Guaranteed Growth Plan £1. Instant 08005 87 27 64
Scarborough BS Notice Mini Cash ISA No 6.30% (Includes short term 0.25% bonus) £1,000. 30 days notice 08454 58 45 22
Saffron BS - Mini Cash 60 Day Notice ISA No 6.25% £10. 60 days notice 08000 72 11 00

Please read on.

The following "Regular Savings Accounts" table refers to regular payments in, as opposed to regular interest out, per month, and for an individual, rather than a couple. The rates are generally excellent and the payments easier and less painful to make.

Take heed of the withdrawal terms and conditions of each account because each account is unique. Note also that most of the rates for regular savings accounts include a bonus, typically 3%, for complying with their withdrawals policy, which may be lost if the account is closed or too many withdrawals are made.
Here's the latest:

Regular Savings Accounts

Company: Rate: per Month: Min.Term: Access: Dial:
Alliance & Leicester
Save and Protect
12.0% £10. 1 year only. Only by Closure. 08459 26 26 26
Abbey
Super Monthly Saver 2
10.0% Fixed £20. Unlimited Only by closure. 08003 89 98 75
West Bromwich BS
Magic 8 Account
7.60% £20. 1 year only. Only by Closure. via branch only
HSBC
Regular Saver
8.00% Fixed £25. 1 year only. Instant - conditions apply 08000 32 47 29

Please read on.

All the monthly payments for the unsecured personal loans listed below are based on £5,000 over 3 years.
Monthly payments with Payment Protection Insurance is no longer included as it can often be expensive and inappropriate for the customer's needs.

Unsecured Personal Loans

Without PPI
Company: APR: Payment: Phone:
Your Personal Loan 6.7% £153.25 see web site
Barclaycard 6.8% (Depending on credit rating) £153.57 0870 154 0154
Masterloan 6.8% £153.57 0800 289989
Eskimo Loans (Depending on Credit Rating) 7.9% £155.92 None supplied - go via web site

Please read on.

The rates for credit cards, below, apply to balance transfers only, not purchases, and last for a short period until they revert back to the standard rates.
We show rates for balance transfers instead of purchases as this type of usage is more conducive to managing debt.
All the ones we include do not charge for transferring debt. If you do charge, you won't get listed.

Credit Cards (Balance Transfers)

Company: Product: APR: Until: Phone:
Capital One Balance Transfer Card mastercard or visa 0% No Balance Transfer Fee. Up to 5 months
from date of transfer
0800 952 5452
Ulster Bank Credit Card mastercard or visa 0% 6 months
from date of transfer
0800 857837

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Copyright 2000 - 2008 ©Kevin Anthony Jones. All rights reserved.

Please read on.
Saving Money: Switched on ways to keep hold of your precious cash.
Getting Money: Clever, barely legal ways of getting money.
How to...buy a house, open a bank account...
Future Dreams: Planning, after your debts have been eliminated.
Financial X-Ray: Let the nice doctors at Money Surgery X-ray your wallet.
Money News: The latest from the world of personal finance.
The best interest rates for saving and borrowing.
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