High interest savings accounts for holiday happiness
High interest savings accounts for holiday happiness
Many people see putting cash aside for a rainy day as more than a smart move - they see it as common sense. But if you want to be soaking up the sun when the weather gets particularly rough, you might have thought about creating a savings account that will pay specifically for a holiday.
When the good weather makes one of its rare appearances in the UK, the last thing on your mind will be heading abroad - but when the long winter months arrive, you might think it's time to start saving as soon as possible. Of course, everyone will have different priorities when it comes to exactly where they want to go for their dream getaway, but a high interest savings account might be just what you need to make sure you have enough put aside for your trip.
So, what type of features should you be looking for when you are seeking out a savings account to help you reach your holiday goals? Well, in addition to a competitive rate of interest, you might want an account that you can get access to 24 hours a day, seven days a week. If this is the case, it will be worth setting up with a provider that has strong online banking credentials. This way, you should be able to check up on your money whenever you need to, whether this is using the phone or the internet.
Opting for an account that offers you unlimited withdrawals and deposits should mean you don't have to pay charges should you need to take cash out and replace it. Of course, while financial emergencies are difficult to predict, you should try and leave your money untouched for as long as possible so it has the chance to work harder for you. Another thing to look out for on any savings account you choose is the option to set up quickly and easily with a low opening balance. Some providers ask only that you credit the facility with 1, allowing you to get it started sooner rather than later.
Once it is up and running, you'll want to think about how best to keep it topped up. By being more careful with the amount of energy you use around the home, for example, you could well be able to generate a little extra cash to add to your holiday fund. Turning down the thermostat by just a few degrees can lead to significant savings over time and making sure any electrical items not in use are switched off can also be very worthwhile. Some experts say installing energy-efficient light bulbs will help cut waste, while others recommend using the dishwasher and washing machine only when fully loaded. Running your own travel agency Justin Bieber Tickets | Justin Bieber Concert Tickets | Justin Bieber UK Tour Dates American military uniform is highly demanded in Uzbekistan Savings account options for a dream holiday The Effect of Carbon Dioxide Emissions on Earth's Climate Travel Companies Who Are Part Of The Travel Trust Association Holiday Gift Idea - Countertop Popcorn Machine Making the Most of Disneyland Paris Holidays Tech to keep the traveller entertained Kuta Beach Las Vegas Haunted Tour: A Frightful Delight! Festivals and Events in Zimbabwe! Do you need a courier this Christmas?