easy access savings accounts
22/02/2013 18:31
Many of the best saving accounts have substantial introductory bonuses added to boost the overall rate.
It is important to remember that introductory bonuses will expire after the first twelve months, meaning the bonus will fall away to reveal a much lower rate of return. For example, if an account pays an overall rate of 2.50% with a 1.00% bonus, you will revert to a rate of 1.50% after twelve months.
Contact your provider to discuss your savings options and shop around every 12 months to ensure you are still receiving a competitive rate of return.