Are Internet Savings Accounts Safe?
When it comes to savings, market-leading internet accounts often offer the highest rates. But is it safe to stash your money away with them? Internet savings accounts are always grabbing headlines with high-interest rates that are set to get our wallets salivating. The trouble is, many of them are offered by previously unheard-of banks, such as HiSAVE and Icesave, who – it seems – have sprung out of nowhere to regularly top the best buy tables. Naturally, many of you in the Fool community have mixed feelings about these seemingly-new, bargain banks. Some of you have concerns about how safe putting your money into these institutions are, while others have flagged up efficiency issues. Either way, most of us are still in the dark about who these fresh faced account-providers actually are. Can you trust them? And more importantly, is your money safe? Lifting The Savings Veil Here are the top five instant access accounts currently available on the market, together with a bit about their hi
