Best UK Savings Accounts : Earn 6.55% Instant Access
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All the accounts below are either instant access (you can withdraw cash immediately) or no notice accounts (an online / non branch based account). In reality it can take a few days to actually receive the cash.
The best easy access accounts on 22/09/08 are:
Kaupthing Edge. 6.55% . £100 required to open, online access with highest rate guarantee
The best by far is Kaupthing Edge at 6.55% AER, and they also guarantee to be at least 0.30% higher than the Bank of England base rate until 1 February 2012, meaning it will be a very high payer until then. The account is online only and you need £100 to start an account.
Although Kaupthing is an Icelandic bank its covered by the Banking Code UK compensation scheme meaning the first £35,000 saved is protected
Bradford & Bingley and Birmingham Midshires. 6.52%. An online account you can open with less that £100
You only need a pound to open them. Birmingham Midshires e-Saver pays 6.52% and Bradford and Bingley's Internet Saver 6.51% (this includes an interest guarantee, promising to at least match the base rate until January 2010)
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