Regular savings account
If you have a relatively secure financial background and need access to your bank account less often than others do you might consider to choose an alternative, from what you can profit more.
A regular savings account offers a considerably higher interest rate than the a normal one, up to 10% or more per year. In order to be eligible for these favourable conditions you have to comply with some strict restrictions. Usually you have to deposit a set amount of money every month in order to maintain the „regular” status of the account. You should also be careful with withdrawing money from the account, because it often has a limit per month, which you cannot exceed.
If you are able to keep up with these restrictions without having any financial problems a regular savings account is highly recommended, it provides a guaranteed high rate of interest with absolutely no risks present.
You should be aware, if the higher rate of interest is only valid for an introductory period and than it might switch back for a normal account interest or you might receive your interest just up to a limited amount, therefore we recommend to carefully read the detailed description of the regular account.