Recommend me an E-Savings Account

[Mafioso]

OK so I'm a student with a regular account with a well known high street bank and would like to transfer a load from my current account to a savings account. I've heard that the online ones are quite good. Anyone got any ideas? Thanks.

[forsure]

Yorkshire Building Society 'Internet Saver'. Reasonable interest, instant access and a Link cashpoint card.

[off_again]

Icesave?

[pmanson]

Nationwide?

[paddyhasneeds]

Define "load", as unless it really is a load you might just not want to be arsed for how much you'll get in return.

ISA is worth taking the time to start though if you don't already have one.

[Mafioso]

paddyhasneeds said:

Define "load", as unless it really is a load you might just not want to be arsed for how much you'll get in return.

ISA is worth taking the time to start though if you don't already have one.

I'm thinking maybe about £4,000 tbh. Am I right in thinking that an ISA is one where you put in a certain amount each month? Sorry I'm really new to all this banking stuff.

And what does an R85 form get me?!

[paddyhasneeds]

Mafioso said:

paddyhasneeds said:

Define "load", as unless it really is a load you might just not want to be arsed for how much you'll get in return.

ISA is worth taking the time to start though if you don't already have one.

I'm thinking maybe about £4,000 tbh. Am I right in thinking that an ISA is one where you put in a certain amount each month? Sorry I'm really new to all this banking stuff.

And what does an R85 form get me?!

An ISA lets you stash £3600 and pay no tax on the interest.

Problem is at the moment, on £4k you can shop around, but over a year you're going to be talking a tenner a month in interest.

I don't want to make any assumptions but that's not a lot of money vs. setting it up and making sure you move it around and so on.

[Asterix]

Jesus!

We're get 5.3% on an HSBC e-saver account here in Dubai.

Send it to me and I'll give you a good, reliable return...