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Bank account with the highest rate...no penalties

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TTG | 20:54 Sun 30th Sep 2007 | Business & Finance
2 Answers
Some banks deduct a % of the rate an account pays in a month if one makes a withdrawal. Some even pay no interest during the withdrawal month. Some accounts will pay a high interest only up to a certain amount.

Does anyone know an account with no penalties like this that pays the most interest? Its acceptable if a certain number of withdrawals can be made during a month or year.

Thanks.
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You haven't stated if you want a current account, a deposit account or a regular saver.

You haven't stated your age so we don't know if a 60+ account is suitable, or if you are a high tax payer in need of an ISA.

Good independent advice here:

http://www.moneysavingexpert.com/banking/
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Thanks a lot...will check out the link.

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Bank account with the highest rate...no penalties

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