Types of savings accounts
You are thinking about opening a savings account. Maybe you want to set
a certain amount aside each month. Perhaps money is available from your
employee savings account, or maybe you have received an inheritance, a
Christmas bonus or your holiday allowance. You can use the money to
save for a particular purpose, or as insurance against unexpected
expenditure.
There are many different ways to save. You should therefore ask yourself a number of questions:
- When will I need the money?
- What am I saving for?
A number of different types of savings accounts are explained in the menu.