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Will the best savings account soon pay less than 1%? Savers at the mercy of inflation as market-leading easy-access rate is slashed from 1.20% to 1.05% RCI Bank – which funds Renault car finance deals – followed Marcus Bank The Goldman Sachs-backed bank cut its easy-access rate to 1.05% on Tuesday Ford Money pulled a … Read more
Time to get a savings habit? Best deals for drip-feeding spare cash are fixed-rate plans linked to current accounts By Money Mail Reporter For The Daily Mail Published: 22:00 BST, 12 May 2020 | Updated: 00:14 BST, 13 May 2020 The top easy-access accounts currently pay 1.2 per cent Savers with money to spare each … Read more
Savers who signed up to top easy-access deals as little as six months ago are finding the rates paid on their savings slashed as banks make cuts to their back books. While the best on-sale easy-access rate has fallen by 0.11 percentage points over the last month, challenger banks and building societies which pay the … Read more
Savers have been handed a double blow as two market-leading easy-access deals have both disappeared within a week of each other. Marcus Bank cut its rate from 1.3 per cent to 1.2 per cent today, just a week after Virgin Money cut its then-market-leading 1.31 per cent Double Take E-Saver to 1.01 per cent. Although … Read more
Those looking for regular savings accounts to shelter their money from the turbulence of the stock market will likely be settling for any port in a storm. However, the cash savings market has also been hit over the last 12 months, with rates on five-year fixed accounts paying less than what one-year fixed-rate ones did … Read more
Uneasy-access: How best buy savings tables are dominated by bonus rates, withdrawal limits and other penalties for accounts that should be simple Majority of easy-access savings deals come with restrictions Quarter of the top 100 best rates come with at least two hurdles One expert says it’s ‘disappointing’ how many top deals come with strings … Read more
Top rates on simple easy-access deals accounts are vanishing as the accounts become more popular By Sylvia Morris For The Daily Mail Published: 23:22 BST, 9 April 2019 | Updated: 09:23 BST, 10 April 2019 Savers paid £5.4 billion into easy-access accounts in the first two months of 2019 Simple easy-access accounts paying top rates … Read more