Hi, want to start saving some money.

I don't actually earn all that much but hate the feeling when you literally have no money to your name as you don't put some away.

Where would I go, or what do I buy? savings account, ISA? what bank, who, what, where and why really..

Cheers for any help.

 

Abbey do some good savings accounts,i have an easy ISA with them (you can put £3000 a year into it,but you can still take out money from it whenever you need to,although you can't replace what you've taken out)

 

Ipswich Building Society Regular Saver ISA is the best atm if you dont need access to your savings until the 13th month.

 

arent all ISA s like that

 

i started a small direct debit into sainsburys bank years ago and increased the amount gradually, you dont miss it and it soon builds.interest every month and instant access back to a nominated account

you have to start sometime dont put it off

 

just wat im going to do once i start work again

 

I think barclays still do that 10% interest savings account, you can put in up to £250 a month

 

have look on www.moneysavingexpert.com ! All free and good advise. Plus they are inpartial

 

I have a Tax Free ISA with Natwest. As bud-weis says about his...it's instant access, you can pay £3000 in april-april and I think I get 4.75% on it...which is Tax free.

Try having a look at the ISA's your own bank are offering. I have mine on my online banking with my current account and can put money in online via balance transfer. It just makes it that bit easier than farting around with a load of accounts. If it's hassle to put money in you'll be tempted to just spend it instead

 

Thinking about regular savings account as I have no idea about ISA's etc.

Barclays look good, but I'm with Abbey so might pop in and have a chat.

I want one where I CAN take money out if needs be, won't get charged etc. etc. etc but with a good intrest rate on it also.

 

That's what the Tax Free Mini ISA's are.

Instant access...it's like a normal bank account...but they attached mine to my current account...so when I want to pay in I just hand over the card ''please put this in the ISA on the account''...and if I want money out...hand over the card ''Can I have money from the ISA on this account please''...no passbook, no nothing, just take your debit card as the Id/access for it.

No charges, Tax Free interest, no holding period for the money... you can get it out the day you go into the bank as if it was a normal current account..