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How To Get 10% Interest On Your Savings

Money : Saving

The interest rates on savings accounts go up and down all of the time.

However at the time of writing there are several accounts with a headline figure of 10% interest.

These are ideal if you are already banking with one of the banks that offers these deals.

Note however there are conditions attached; for instance you easily need to be paying a salary of over ?1,000 in each month.

The account normally closes after a year and of course you have to pay in in small amounts.

Therefore they actually equivalence to a rate of about 5% on a fuller balance over the course of the year.

However that said they can still be a useful vehicle to get a decent amount of interest during that one year.


By: Fred

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