Hiya All,

I want an account that I can deposit money into every month and get a good interest rate. I do NOT want tobe able to withdraw any money for one year at ALL! I am based in the UK and have looked into this area, the best one is Halifax at 5.33% interest, but they only let you deposit a maximum of £500 per month.

Are there any accounts out there that fit my requirements?

Thanks all

Look here.

UK Bank Rates

Naka.

There are some good deals with regular saving accounts paying u[pyo and possibly over now 12% in the UK. For instant access ICICI are paying 6.05% now. as there has just been a rate rise, not all the bank has adjusted their rates yet - ICICI is a good bet at the mo is you have a lump sum...

As in my earlier post, I am paying money every month into an account. I want a 1 YEAR locked account (pay money in without being able tyo withdraw). I do not want a savings accessible account!

The only one I have found is the Halifax offering 5.3% interest? Anymore ideas?

Thanks

go to www.moneysavingexpert.org and do a search for regular savings accounts - you will find quite a few that pay over 10% and up to 12% as far as i am aware - these require you to pay an amount monthly or you wont get the rate.

There are current account now that pay 6.2% on balance, you can get fixed rate 1 year accounts paying 6.8%+ now - but I wouldnt go for a fix now as there could well be a .5 to 1% increase in interest rates over the next year. All depends on inflation.

Edited May 20, 200719 yr by Khun Bob