Review your accounts to ensure you have the right account to meet your needs.

Review your accounts to ensure you have the right account to meet your needs.

Savings products have flooded the market over the last few years; interest rates have undergone significant fluctuations as well, so it wouldn’t be a surprise if you’re wondering where you should currently be saving – to get yourself the best possible deal.

Just remember, while there are many different savings accounts on the market, they generally fall into two main types.

  1. those that offer higher interest with more limited access.
  2. those that offer higher access and earn lower interest.

Access to interest rate balance

Hot tips

Having all your savings accounts with one bank could mean you benefit from a single online view of all your accounts as well as no delays with transfers between accounts.