# Different Types Of Savings Accounts **URL:** \ **Category:** Bank Accounts\ **Created:** [September 24, 2020, 10:15am UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948 "2020-09-24T10:15:52Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![rebekah](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/rebekah/32/1091_2.png) [@rebekah](https://community.emma-app.com/u/rebekah)\ **Post date:** [September 24, 2020, 10:15am UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948/1 "2020-09-24T10:15:52Z")
Morning everyone! 👋 Yesterday we published another big guide on the Emma blog - this time we’re talking about the different types of savings accounts 👉 [https://bit.ly/2RY0YOw](https://bit.ly/2RY0YOw) We look at: - Cash ISAs - Easy Access Savings Accounts - Notice Savings Accounts - Regular Savers - Fixed-Rate Bond Accounts - And Tax-Free Help To Save Accounts I personally like to keep my savings in a mixture of accounts, each with a different savings goal in mind. How do you guys manage your savings? ---
**Author:** ![slewis](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/slewis/32/1394_2.png) [@slewis](https://community.emma-app.com/u/slewis)\ **Post date:** [September 25, 2020, 10:12pm UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948/3 "2020-09-25T22:12:41Z")
Saving for short term needs at low interest rates when you’ve got long term debt like a mortgage at higher interest rates is paying the bank for the privilege of lending to yourself. I try to put as much as possible in an ISA account when I can and to avoid dipping into it I draw instead on my credit card (very short term) or the credit in my offset mortgage (medium term). Which means I have no need for other savings products. ---
**Author:** ![Pa.ul](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/pa.ul/32/1195_2.png) [@Pa.ul](https://community.emma-app.com/u/Pa.ul)\ **Post date:** [September 26, 2020, 7:23am UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948/4 "2020-09-26T07:23:16Z")
> [@rebekah](#): > > - Cash ISAs > - Easy Access Savings Accounts > - Regular Savers > - Fixed-Rate Bond Accounts And Premium Bonds. Only _debt_ I carry is on a 0% purchases credit card, and the money to pay that off is in a Fixed Rate account 😄 In April 2021, I shall open a S&S ISA with a lump sum and then leave it alone for ten years or so. ---
**Author:** ![rebekah](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/rebekah/32/1091_2.png) [@rebekah](https://community.emma-app.com/u/rebekah)\ **Post date:** [September 29, 2020, 8:50am UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948/5 "2020-09-29T08:50:26Z")
Love hearing how everyone manages their savings slightly differently! We’ve now also published a guide to the [different types of savings accounts in the US.](https://bit.ly/2GabGiJ) I wasn’t aware prior to this that they have much stricter regulations around how many times a month you can withdraw from your account! ---
**Author:** ![Pa.ul](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/pa.ul/32/1195_2.png) [@Pa.ul](https://community.emma-app.com/u/Pa.ul)\ **Post date:** [September 29, 2020, 9:10am UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948/6 "2020-09-29T09:10:21Z")
> [@rebekah](#): > > I wasn’t aware prior to this that they have much stricter regulations around how many times a month you can withdraw from your account! The Coventry Double Saver allows two **per year** 😱 Well, without penalty interest anyway 😄 ---
**Author:** ![rebekah](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/rebekah/32/1091_2.png) [@rebekah](https://community.emma-app.com/u/rebekah)\ **Post date:** [September 29, 2020, 3:10pm UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948/7 "2020-09-29T15:10:49Z")
I kinda like the idea of only being able to withdraw twice a year! Would mean that you really thought about taking the money out, rather than dipping into your savings for unnecessary items? ---
**Author:** ![Pa.ul](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/pa.ul/32/1195_2.png) [@Pa.ul](https://community.emma-app.com/u/Pa.ul)\ **Post date:** [September 29, 2020, 3:49pm UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948/8 "2020-09-29T15:49:00Z")
I agree, to a point, however, I would have to be really clear with myself as to what _savings_ I am storing in that account as, realistically, you are limiting yourself to two _pots / jars / spaces_. Anything I am unlikely to touch would be geared towards a Fixed Rate Saver, if any competitive exist by the time I have a sum to save 😂 ---
**Author:** ![rebekah](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/rebekah/32/1091_2.png) [@rebekah](https://community.emma-app.com/u/rebekah)\ **Post date:** [September 30, 2020, 10:58am UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948/9 "2020-09-30T10:58:34Z")
Atom bank offering 1.18% for a 1 year fixed rate and that’s about the most competitive we’re going to get 😂 ---
**Author:** ![Pa.ul](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/pa.ul/32/1195_2.png) [@Pa.ul](https://community.emma-app.com/u/Pa.ul)\ **Post date:** [September 30, 2020, 11:11am UTC](https://community.emma-app.com/t/different-types-of-savings-accounts/2948/10 "2020-09-30T11:11:53Z")
Gatehouse Bank are offering an expected **profit rate** of 1.26%, though I have never saved with a sharia bank before. My Metro 1.80% fixed rate matures in November. It is that sum I shall be seeking a home for 🤔 In rates’ down and downs, November is too far away for the likelihood of even 1.18% with Atom imo