Savings Account Guides from moneyfactscompare.co.uk

Credit unions are not-for-profit co-operatives that offer financial products and services to their members. Read more on how credit unions work and how to join one.

Credit unions are not-for-profit co-operatives that offer financial products and services to their members.

Are offshore savings accounts worth it for expats?

If you’ve decided to start a new life abroad it’s worth considering an offshore savings account. Our guide discusses different savings options for expats.

If you’ve decided to start a new life abroad it’s worth considering an offshore savings account.

What to do when your Child Trust Fund matures

Is your Child Trust Fund about to mature, or already matured? There are several things you can do with your money, including moving it to a savings account or an ISA.

Best ways to save for the future of your child

From savings accounts to Junior ISAs to pensions, there are many ways you can save for the future of your child. We round up the best ways to save for children.

What is a structured deposit product?

A structured deposit product is like a traditional savings account combined with a stock market investment. See our guide to find out how these products work.

How to start saving an emergency fund

Having sufficient savings can help you deal with any unexpected expenses. But how do you start building an emergency fund and how much should you have in savings?

Having sufficient savings can help you deal with any unexpected expenses. But how do you start building an emergency fund?

How are my savings taxed? A guide to the Personal Savings Allowance and HMRC

Find out about your tax-free savings allowance, how HMRC goes about collecting any tax owed on savings, as well as some tax-free saving alternatives.

UK inflation explained - and how to deal with it

Inflation is a figure that says how much prices have risen or fallen over the past 12 months. Find out what it means for your money and how to respond.

How to save for your first home

Saving for a deposit can seem daunting, but there are practical steps you can take. See our tips on how to save for a house, such as opening a Lifetime ISA.

What is the Help to Save scheme? Is it worth using?

Help to Save is a Government scheme for those receiving certain benefits that offers a bonus of up to £1,200 on your savings.

Help to Save is a Government scheme that offers a bonus of up to £1,200 on your savings.

UK base rate explained - and how to respond to changes

The Bank of England base rate is the UK’s central interest rate. Find out what the base rate, or bank rate, does and how it can affect mortgages and savings.

Find out what the Bank of England's base rate, or bank rate, does and how it can affect mortgages and savings.

Cash ISA vs Savings Account: Which Should I Choose?

Cash ISAs and savings accounts have some key differences, including their tax implications and rules around deposits and withdrawals. Find out more here.

Cash ISAs and savings accounts have some key differences, including their tax implications and rules around deposits and withdrawals.

How to save, fund and budget for Christmas in 2024

Even if you have an excellent budget plan in place, there are other ways to borrow for Christmas which may not cost you any interest at all.

A guide to the Financial Conduct Authority UK

Our guide to the Financial Conduct Authority. Everything you need to know as a UK consumer.

Who Owns Whom? Check FSCS Protection

This guide reveals which brands operate under which banking licence, helping savers work out to what degree their savings are protected by the FSCS.

What type of savings account do I need?

With so many types of savings accounts on the market, it can be difficult to know which is best for you. That’s why we’ve made this handy guide.

Is it better to pay off a mortgage or save?

It can be hard to decide whether to put money into savings or use it to overpay your mortgage. See our guide for the pros and cons of each option.

What are challenger banks?

They regularly top the savings charts and tend to have a reputation for offering great service too – but what is a challenger bank, and can they be trusted as an alternative to the established banking giants?

They regularly top the savings charts and tend to have a reputation for offering great service too – but what is a challenger bank, and can they be trusted?

Should you sign up to a savings platform?

Savings platforms bring together selected savings accounts of many banks and building societies into one place for savers

How can I find lost Premium Bonds?

Premium Bonds can easily be forgotten or lost. If you are the rightful recipient of a prize don't panic, NS&I will hold the funds for you. Find out more here.

FSCS Explained: Are My UK Savings Safe?

All banks and building societies listed by Moneyfacts are signed up to a depositor protection scheme that would cover your money in the event the institution went bust. This guide gives you all the information about depositor protection limits and rules across different regions and areas.

Established by the UK Government in 2001, the FSCS is used to protect and reimburse consumers and businesses. Find out more about how to keep your savings safe.

Can you make money from stoozing?

Stoozing is a money hack that uses credit cards to help to maximise the interest you earn on your savings. Find out how it works and if it’s worth doing.

Stoozing is a money hack that uses credit cards to help to maximise the interest you earn on your savings.

How to make and manage a money budget

Effective budgeting is a key part of money management. Find out how methods such as the 50/30/20 technique, piggybanking and budgeting apps could help you better understand where your money is going and how you can make the most of it.

Effective budgeting is a key part of money management. Find out how making and managing a money budget could help your money go further.

How to get the best return from your savings

Getting a decent return from your savings takes more than putting money in the first account you come across. Choose poorly and you won't come anywhere near to securing the best rate.

Getting a decent return from your savings takes more than putting money in the first account you come across. Our guide explains how to get the best return.

Premium bonds or savings accounts: Which is better?

Do you want a guaranteed return or the chance of a winning big? Our guide on premium bonds vs. savings accounts explains the pros and cons of each.

Want to know the difference between a premium bond and a savings account? This guide explains the pros and cons of each.

Using a current account as a savings vehicle

With the right current account you could enjoy valuable additional benefits while securing a return on a portion of your savings.

The difference between AER, gross rate and net rate

With AER, gross rate and net rate all ways of expressing the amount of interest paid by an account, find out the key differences between these three concepts.

What does compound interest mean?

We all know that we earn interest on our savings. But what happens to the interest once we've earned it? It’s either moved (or paid) into a different savings or current account, or it stays in the same account and is added to your savings.

What does compound interest mean? Read out guide to find out more.

Has your local bank branch closed? Here’s what you can do

What are your options if your local bank branch faces closure?

How to fund home improvements

In this guide we’ve listed some of the different ways you can finance your home renovation project.

How much can I give as a cash gift and how is tax affected?

There are many reasons why you may want to give a cash gift to your loved ones. We explain the implications from a tax perspective.

What is a Trust Account?

A trust is where money or other assets are held on behalf of somebody else (known as a beneficiary). The beneficiary could be a child, an adult who lacks capacity to manage their own affairs or an organisation. Read our guide to find out more about trust accounts.

A trust is where money or other assets are held on behalf of somebody else. Our guide explains more.