He urged investors to put their money into the best Current Accounts bank accounts of every day as a growing number now pay interest rates that are often higher than savings accounts - same effective tax free ISIS . With troubled banks to attract new businesses - and prevent the exodus of customers after the introduction of current account switching guarantee seven days - some have an interest of 5 per cent for customers who stay in best Current Accounts credit. 20 per cent of the basic rate taxpayers , this means at present , there are eight current accounts bear a rate of interest after tax of three main tax free cash Isis - Earl Shelton post office and Kent Reliance - we all pay interest of 1.8 per cent. Three of the eight deals are also better for higher rate taxpayers best Current Accounts, even after tax of 40 percent.
David Black , specialized Intelligence consumer banking services market research , said: "There has been a recent increase in the number of current accounts that offer interest on credit balances .
" You are missing a trick if it remains on credit and not take advantage of one of these accounts.
A guard who decided to transfer part of their savings in an interest paying bank best Current Accountsis charity worker Simons Matthews, Devises , Wiltshire. Simons , 33, went to Nationwide Building Society a month later, she learned that her current account paying 5 percent Fleeciest gross on balances up to £ 2,500 there best Current Accounts.
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