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Wednesday 14 May 2008
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Savings Articles

Under 30’s Save More Than Their Parents
Young adults beneath the age of 30 saved on average two times as much as their parents between more 
Savings Accounts
There are a number of different types of Savings accounts, commonly falling into one of the five more 
Easy Access Accounts
Easy Access Accounts offer immediate access to your money without penalty. Because you do not need more 
Notice Accounts
These types of accounts generally offer a higher rate of interest than a no notice account in return more 
Bonds or Term Accounts
Bonds or Term accounts are high interest savings accounts offering the most competitive interest more 
Regular Savings Accounts
Regular Savings Accounts require you to save money, usually a set amount, into the account each more 
Tax-Free Accounts
Mini Cash ISAs, Maxi ISAs and TESSA only ISAs are all examples of tax-free accounts. The Government more 
Annual Equivalent Rate (AER)
A notional rate of interest you would receive if the gross interest was paid and compounded each more 
Gross Interest
The rate of interest before deduction of more 
Net Interest
This is the rate of interest after tax has been more 
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