good rate savings accounts

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The temptation to spend money received as a gift from various relatives is often too great for me but this year I am determined to save a large portion of it! Ideally I'd like to put it in an account with a good interest rate which is not immediately accessible so I don't feel tempted to dip into it if I spot some designer shoes in the sales somewhere .... where's the best place for my money?

Replies

jonnybgood-880244 1355990752

You'll get a higher rate of interest if you put it in an offshore account but some of these require a hefty initial investment and it depends on what you've saved already. German interest rates for basic savings accounts are less than 2% - see here for comparison of current rates http://www.testsieger-konto.de/sparkonto/?gclid=COmvtce1qLQCFebLtAodrBEA8A


If you want to consider offshore accounts there's more information on rates here:


http://www.moneysupermarket.com/savings/

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