Choosing the best place for your savings

Most of us know saving is a good idea – even if the high cost of living means it’s not always easy. With interest rates continuing to rise, it’s a great time to shop around for a better return on your savings. We’ve got lots of savings account options to earn interest on your money.

• Decide how much access to your money you want. The most flexible accounts tend to offer lower interest rates.
• Do you want a variable or fixed rate? Variable rates can change at any time. Fixed rates tend to be higher, but aren't accessible and usually have an end date, after which you might want to switch again.
• Here's a tip: a savings account that isn’t linked to your main account could mean it’s less tempting to dip in and spend when you don’t really need to.