What is the best option for a bank account for me?
Answer:
Hi if you can save between 10 - 250 a month then you can earn 8% with HSBC savings account. (12% with Allience and Leicester - but you need to credit the account with 500 quid a month) As a younger person Nationwide Building society offer a young persons savings account - which you can get tax relief on (i.e you will not have to pay tax on your savings) Try the followng web site for more information. www.moneysupermarket.com there you can compare different savings rates and the terms and conditions of each account (things like instant access etc)
There's a good website for this; Motley Fool
the best interest rates are the ISAs,
unless you have large sums of £ then you arent gonna get much interest from a regular bank.
unless your paper round pays well?
do you have many banks locally?
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