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Online savings accounts
Online savings accounts are available exclusively online and offer customers access to their savings accounts over the internet. With an online savings account, you can check your balance as well as deposit and withdraw immediately online providing you with total control over your savings.
As banks and building societies attempt to encourage both new and existing customers to use their online services, it can be easier to find high interest online savings accounts than traditional savings accounts.
However, it is important to shop around because many online savings account providers will offer introductory bonus interest periods and the terms and conditions will vary widely. With myfinances.co.uk you can
compare online savings account rates
easily and find the best online savings account on offer.
Related articles
Instant access savings rates fall to just 3.3%
The average interest rate on an instant access savings account now stands at just 3.3 per cent – compared with 3.76 per cent in January.
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Britain 52 days from financial ruin
A lack of savings is putting Brits as risk of financial peril, according to the latest research from Yorkshire Building Society.
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