Earn money without lifting a finger ? Open a high interest online bank account!

There has never been an easier way to earn money without doing a thing except for logging on to the internet...think high interest online bank account! They are easy to open, super-quick in transferring your money to and from your main savings account and they are completely free of charge. Great! (I hear you all saying) but how do I open one?

Well, for starters you have to choose the bank or financial institution that offers high interest online bank accounts. ING Direct is a good place to begin. These guys offer a savings account that boasts a rate 2.8% for new customers for the first 12 months. Pretty good, hey! There are no fees, no charges, no minimum or maximum deposits and you can transfer your money to your main account whenever you want! All you have to do is click on the Open Account button, follow the simple instructions and away you go.

Another high interest online savings account worth checking out is Tesco Savings. With only £1, you can open an account with this institution and start earning money on your savings immediately. What kind of money? Tesco offers a very healthy interest rate of 2.7%, plus a bonus interest of 1.45% on savings up to £1 million. You have instant access to your funds (however there are daily limits on how much you can withdraw), and you can also set up a direct debit system that allows you to make regular payments direct from your account. To open a high interest online savings account with Tesco, you must be a UK resident and over 18 years old.

A quick tip: always make sure you read the fine print before opening an account online. And remember to always keep your bank account details a secret. Happy saving!

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