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    this is most definitely a personal finance question, but I thought you people might be a good set of repliers...

    do there always exist rpi-beating savings accounts with high street banks? if so, what is the usual best excess over rpi?

    If not, how bad could things be? i.e. in the past/in future projections, how much below rpi could the highest high street savings rate be?
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    Forget savings accounts, invest your money in the stock market!
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    (Original post by Chewwy)
    this is most definitely a personal finance question, but I thought you people might be a good set of repliers...

    do there always exist rpi-beating savings accounts with high street banks? if so, what is the usual best excess over rpi?

    If not, how bad could things be? i.e. in the past/in future projections, how much below rpi could the highest high street savings rate be?
    why rpi? cpi!
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    Neither of you has actually been remotely helpful.

    Chewwy, whenever I need a new savings account I just read through the latest analyses at MoneySavingExpert. I would recommend that you do the same.
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    Well the best shot are nromaly online brokers/banks that don't have a retail branch, especialy foreign ones (think Icelandic banks). They often havethe highest interest rates. It depends on the type of savings accoutn tho, but I am no expert on how UK retail banking works, so I cant recommend a specific product per se. If you were in germany... Tagesgeld, a hybrid between a savings account and a current account. You can move an unlimited amount of moeny from it any time without notice, and it pays a higher itnerest rae than savigns accounts, normaly above inflation.

    Also, try finding inflation linked savings accounts.
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    Don't bother with your standard High Street fare, rates are pitiful.

    I'd recommend ISA's and index-linked Gilts.
 
 
 
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