Standard bank and building society savings account
- You get interest on your money
- With some accounts you have to give notice to take your money out or you may lose interest
- The account opening process takes time>
- If the bank or building society goes bust, your money is protected up to a set limit
- It's up to you when you take your money out
- They will not collect money from your home
- They do not pay out in vouchers
- You do not have to buy from a particular shop or supplier
