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Are you getting 10% on your savings?

In these low interest times getting a decent rate of return on your cash is not easy.

Surprisingly some of the best interest rates are available via current accounts. By taking up one of the top switch offers currently e.g. The Co-operative Bank Current Account will give you £150 upfront when you switch to them. When you pay a minimum of £800 a month into the account, pay out of 4 direct debits in the month, stay in credit , opt for paperless statements, and login once a month using their online mobile banking app. Finally if you meet their full qualifying criteria, you'll be rewarded an extra 5p every time you use your debit card to pay for things, up to a maximum of £1.50 a month. So that's an additional £5.50 per month - that's £66! Added to £150 gives you £216.

That equates to 10.80% on a balance of £2,000 - Not bad and a lot better than what you can get currently on a 1 years fixed rate bond or instant access savings account.

Current Account Switch Offers

For more information click here for - current accounts that provide rewards or incentives 

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Simplysavingsaccounts.co.uk is a trading style of Fair Investment Company Ltd.

We've been comparing savings and current accounts for many years so you can trust you're in good hands.