There can’t be a specific savings account that is best for the over 50s as everyone’s situation is different. So, it’s not just about securing the highest rate of interest. Here, we look at the options available, such as ISAs and fixed-rate bonds, so you can determine if they’re suitable for you.

1 in 5 people over 80 are refused car insurance, but getting car insurance isn’t impossible. You don’t need special documentation, although you do need to disclose some medical conditions. Experienced drivers could even lower the costs with courses and telematics.

As of November 2023, you could earn up to 5% with a Post Office savings account. The Post Office offers ISAs, easy access accounts, instant saver products, and fixed-rate bonds. Some are available in branch, while others are online only.

If you’re looking to save money for your grandkids, at the moment, Junior ISAs generally offer the best return, plus they have tax-free advantages. Junior ISAs and other options are available from brands like Moneyfarm, Interactive Investor, Hargreaves Lansdown, and &me.

There can’t be a specific savings account that is best for the over 50s as everyone’s situation is different. So, it’s not just about securing the highest rate of interest. Here, we look at the options available, such as ISAs and fixed-rate bonds, so you can determine if they’re suitable for you.