With all banks and building societies offering a variety of savings accounts with a raft of terms & conditions plus variable bonuses it is difficult to find the best place for your cash.
However, help is at hand given by the informative website www.savingschampion.co.uk which provides a comprehensive and independent review of all savings accounts displaying the results in easily understood league tables.
Savings Champion provides Best Buy tables in eight different categories and provides a calculator that allows you to input savings amounts and your existing account details to receive better alternatives. Plus if you register with the site they will also email you when your savings account rate changes (perhaps the most useful and unique feature)
At the moment the site is free to use but if you read through the small print they may eventually charge. But until then it is a useful site.
So why not give your savings accounts an MOT and find out if you are getting the best deal on your money.
Looking for a financial adviser near you?
Do you need financial advice? An independent financial adviser can show you how to make the most
of your money. Find your nearest qualified and regulated adviser using this VouchedFor search tool.
Alternatively, Hargreaves Lansdown, one of the UK’s largest firms providing restricted financial advice, is offering a £200 John Lewis voucher* to new clients.