I was wondering which saving account is the best with instant withdrawals and what people are using nowadays days. I am using Lloyd’s with only has a i stress of 0.35 on its cash isa
Maybe one of these?
There’s also Dozen’s 5% bond, which for practical purposes is pretty similar to a savings account with instant withdrawals (but you have to withdraw the amount you put in).
Marcus at 1.5% is pretty solid
Ditto - Marcus currently has the best rate for an easy access savings account. Otherwise the Tesco current account also offers 3% up to £3k
I used Virgin flexible cash ISA - currently 1.45%
ICICI have one at 1.55% for the first 12 months then 1.25% thereafter.
I believe the Tesco Bank rate is dropping to 1% in June.
As a reference point it is worth noting that the inflation rate was 1.8% in January
As a comparison Schwab in the US offer 1.80% on all cash holdings up to any amount.