Savings guides

Saving for your dream can be tough; our savings guides will help you determine the fastest route to your savings target by maximising the potential of your nest egg along the way.

What is an ISA? How do ISAs work? | Savings Accounts

An ISA lets you earn interest without paying any income tax, but you are limited to how much you can put in. Here is everything you need to know to get started.

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What is an innovative finance ISA? How does an IFISA work?

It is the third type of ISA that exists alongside the cash ISA and the stocks and shares ISA. Here is how the innovative finance ISA works.

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What is a savings account? How do savings accounts work?

A savings account will help you grow your money, whether you need access to your cash or not. Here is how they work and what options you have.

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What is a Junior ISA?

You can save on behalf of your child with a tax free Junior ISA and build up a pot of money ready for their 18th birthday. Here is what you need to know before you apply.

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What is a fixed bond?

You can usually find a better interest rate if you lock your money away in a fixed bond. Here is what you need to know before you apply.

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What are rotating savings and credit associations?

Find out how these informal savings and lending schemes work and what to think about before you choose to take part in one.

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The definitive guide to Sharia Banking & Islamic Finance in the UK

Islamic or Sharia banking follows set guidelines taken from Islamic teachings. Here's what you need to know about how it works and how it could help you bank ethically.

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How does savings interest and tax work?

Here is how interest works on your savings and how tax can affect what you get as a return.

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How can you actually invest your ISA?

While cash ISAs continue to offer poor interest rates, you could consider using your allowance in a stocks and shares ISA instead. Here's how to get started.

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What is an offshore savings account?

An offshore savings account lets you save your money overseas, but they are not the tax haven you might think. Here is how they work.

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What is interest?

Borrowing costs money. A lender will usually charge a borrower a percentage of the money lent, rather than a flat fee. This is called interest. This guide covers the basics of how interest works, what it is and what it means for your finances.

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How do ISA transfers work?

If you move your ISA to another provider incorrectly you could end up losing your savings' tax free status. Here is how to transfer your ISA and continue building up your tax free savings.

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