One of the biggest barriers to improving your savings account, however, is the fact that outgoings can often get in the way, meaning that you never have sufficient funds to put away any significant amount of money. But there are a few ways to ensure that you are able to watch your savings grow over time.
While the obvious solution is to cut down on life's little luxuries, this can be difficult to do and takes a certain amount of self-discipline. However, making a cup of tea with your own teabags in the office can be a great way to save money, rather than heading to the nearest Starbucks whenever you get thirsty. Keep the money you save in a jar at home and you'll be surprised how quickly it piles up!
Other than luxuries, there are also many other ways to reduce outgoings. One is to check your utilities bills. As everyone knows, electric and gas prices have shot up in recent years and it is difficult to find a supplier who won't be preparing to put up prices in the near future. But there are many different options out there, including non-standard plans which can offer greater flexibility and payment methods.
| Account | AER | Account Access | ||
|---|---|---|---|---|
 | Icesave Fixed Rate Savings Accounts | 6.50% - 7.01% | Internet |   |
 | Kaupthing Edge Savings Account | 6.50% | Internet | |
 | Alliance and Leicester eSaver | 6.15% - 6.50% | Internet | |
| Icesave Savings Account | 6.05% | Internet | |
Search and compare different savings accounts to find the current market leading rates.
