The 5 Best Savings Platforms in the US and UK 2024

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Saving money regularly is one of the smartest financial habits you can adopt. But with so many options out there, which platform is thcheap jerseys veste femme pied de poule marron nike daybreak uomo játék hajszárító árukeresö custom baseball uniforms mallas para hombre nike nike air max aliexpress Purchase Florida state seminars jerseys, football, and various accessories for Florida state seminars carhartt uk dänisches bettenlager lounge set meilleur lampe uv cheap yeezys μπουφαν γυναικειο speed x cordura mallas para hombre nike tp link remote control e best for growing your savings over time?

In this article, we’ll explore the 5 top savings platforms currently available both in the United States and United Kingdom. All have easy setup processes and competitive interest rates to help you maximize returns.

Let’s take a look at the features and benefits of each to determine the best savings platforms for your needs.

Ally Bank (US)

Ally Bank is a top choice for the best online savings account in America. It offers a high interest rate of 0.50% APY with no fees, minimums or branches needed.

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Customers love Ally’s intuitive mobile app that makes managing your money on the go simple. Savings can also be automated through round-ups from debit card purchases.

You’ll gain access to over 55,000 free ATMs nationwide as well. Overall, Ally is perfect for set-it-and-forget-it savings without hassles.

Marcus by Goldman Sachs (US & UK)

With Marcus, savers in the US and UK both gain a generous variable APY around 1.00% as of writing. Like Ally, there are no monthly maintenance or minimum balance requirements.

Customers appreciate the seamless account opening online in under 10 minutes. Bills, transfers and balance checks are handled directly through the app or website.

The platform partners with BNY Mellon for FDIC insurance of up to $250,000 in the US or FSCS protection up to £85,000 in the UK. An excellent option for hands-off interest growth.

Barclays (UK)

Barclays regularly achieves top spots in independent savings reviews conducted in the UK. Their Easy Saver currently lifts the interest rate to 1.51% APY through December 2023.

You can open an account with a minimum deposit of just £1. Savings are capped at £1 million overall but two separate accounts allow flexibility in deposits.

Customers like the bank’s ubiquitous ATM network for easy withdrawals. Funds are FSCS protected and management occurs through internet and mobile banking. Great returns on casual savings balances.

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If you’re after a hybrid savings and spending account, HSBC Flexible Saver could be the best option. It pays 1.00% APY while also providing a linked debit card.

Two withdrawals are allowed each calendar month without losing interest. Deposits between £25 up to £10,000 receive the top rate.

Setting up through online banking takes minutes. The HSBC name provides established security and service globally. A one-stop shop for short-term savings goals.

Discover Savings (US)

Lastly, Discover’s online savings account consistently delivers competitive rates north of 0.70% APY.

There’s no monthly maintenance charge and balances up to $10 million are FDIC insured. Funds can be conveniently moved between Discover checking as needed.

Customers appreciate the platform’s straightforward web or mobile interface. Online account opening is a breeze too. Ideal for parking emergency funds or bonuses.

So in summary, whether you’re shopping for the best savings platforms in America or Britain, the above five options shine for ease and return potential. Choose the one that best fits your demands.

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