Banks and building societies offer a range of products with different interest rates and a mind-boggling list of options and terms and conditions. This makes shopping around for the right account particularly important to make the most of your money.

Some things to consider include:

• Whether you are able to save regularly
• When you need the money by
• Whether you need quick access to the money, and
• Whether or not you have to pay tax on any interest your savings earn

If you're starting to save for the first time, it's important to get into the habit of saving on a regular basis. If you set up a standing order to transfer money to your account every week or month, it gives you the discipline to save regularly.

There are many different types of bank accounts.