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An introduction to Cash Savings Platforms
A guide to savings platforms, what’s on offer and who they might be right for
"The evolution of Cash Savings Platforms is exciting and hopefully as they continue to develop, this will reduce the inertia that savers suffer from, as they make it easier for people to switch."
Cash Savings Platforms are challenging the traditional savings market, offering savers a single log-in where you can pick and choose which products (from those available) you want to buy.
The key to these platforms is the simplicity, with just one application you can move money between accounts without having to fill in reams of forms every time your product matures or introductory offer ends. And for larger balances, they offer the facility to allow you to easily spread your cash between providers, in order to keep it within Financial Services Compensation Scheme protection limits.
In our FREE guide, we review the platform providers, detail the features available and highlight which platform might be best for you.
Related guides and factsheets
The banking crisis of 2008 brought into focus issues around the safety of holding larger sums of money with banks and building societies and savers started to question exactly what would happen if their provider went out of business.
Our free guide aims to make savings simple by explaining the options available and how they work, to enable you to make an informed decision about which account is right for you.
This guide is designed to help you cut through the complexities and maximise the benefits of using ISAs to your advantage.
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Anna Bowes
Founder of Savings Champion
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