Lewis told viewers some of top deals are through easy-access accounts - with Nationwide leading the way for those with large sums to invest. You can find out more on how easy-access accounts work, here. "Cash ISAs are essentially savings accounts that you never have to pay interest on, so if you have a lot to put away, it's worth considering." The government's Help to Save account pays a 50% bonus and is available to millions of those on low incomes. The only place where your savings are protected above the £85,000 limit is through National Savings & Investments (NS&I) because it is backed by the government.

Source: Daily Mirror February 04, 2021 21:25 UTC