Savings

Putting a little money away regularly is the best way of saving up for expensive things, like a holiday, furniture, or a special family occasion.

There are two ways to save – short term and long term. Savings accounts are for times when you may need to get at your money quickly. They’re different from investments, which are really for the longer term.

This section of the site will tell you about the different types of savings products, how they work, and where you can go to compare savings accounts.

See our savings calculator to find out how your savings might grow in the future or to help you work out how you can meet your savings goal.

How you're protected

By law, most financial services firms must be regulated by the Financial Services Authority (FSA), the UK’s financial services regulator, before they can do business in the UK. The FSA holds a Register of all authorised firms currently doing business in the UK as well as those authorised in another European Economic Area (EEA) state. Always check that the firm you’re dealing with is on the FSA Register. This means that you will be able to use the complaints and compensation procedures if something goes wrong – see Getting help.