How to choose a savings account that works for you
What to compare and things to look out for when choosing where to put your savings.
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Personal finance quiz
March 23, 2022
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| Savings interest rate (AER)(1) |
Savings Balance Before Paying Tax | |
| Basic rate taxpayer | Higher rate taxpayer |
|
|---|---|---|
| 1% | £100,000 | £50,000 |
| 2% | £50,000 | £25,000 |
| 3% | £33,333 | £16,667 |
| 4% | £25,000 | £12,500 |
| 5% | £20,000 | £10,000 |
The content in this article is for information only and is not advice. All content in this article was accurate on the date of publication shown above.
The content in this article is for information only and is not advice. All content in this article was accurate on the date of publication shown above.
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