Barclays

Barclays Monthly Savings Account

Perhaps you're saving for a new car, a holiday abroad, or just putting money aside for a rainy day - either way, you need an account that will maximise your savings and reward you for taking control of your finances.

The Barclays Monthly Savings account does exactly that. If you are looking to put aside between £25 and £250 a month then this is the account for you. Barclays offer a fantastic 3.25% AER fixed interest rate so long as no withdrawals are made in the 1st year. If you need access to your cash then Barclays will offer a lower rate of 3.0% which is still very reasonable.

At the end of the term the savings account is automatically switched to an instant access savings account - ideal if you're only looking to save over a 1 year period. Unlike other savings plans, Barclays allows you to amend the amount you put in each month which is great if your circumstances change and you can no longer save as much..

Access to your cash is instant and managing your savings is easy with Barclays secure online account system. You can also manage your savings by phone or in branch.

The Barclays Monthly Savings account is ideal for those of you looking to put aside a bit each month but want the flexibility to be able to access your cash without being heavily penalised.

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HSBC Bonus Saver at a glance

Account: Barclays Monthly Savings
AER: 3.25%
Interest Paid: Monthly
Minimum Investment: £20
Maximum Investment: £3,000
Comments: Save between £20 and £250 a month for a year


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