Major providers set to pay just 0.01% interest with easy-access deals

The £6.8bn High Street savings robbery: All major providers set to pay just 0.01% interest with easy-access deals from next month By Sylvia Morris For The Daily Mail Published: 22:01 BST, 23 June 2020 | Updated: 23:47 BST, 23 June 2020 Loyal savers are missing out on billions of pounds in interest by sticking with … Read more

Savers add £11bn to easy-access savings accounts during lockdown

Savers piled 303 per cent more cash into easy-access accounts during March and April compared to the same period last year, as banking industry data shows how people opted to keep cash at hand as the coronavirus pandemic unfolded. Some £11billion was poured into easy-access accounts over the two-month period, compared to just £2.7billion in … Read more

Savers at the mercy of inflation as RCI Bank’s easy-access rate is slashed from 1.20% to 1.05%

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? Top easy-access deal currently pays 1.2%

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

Easy-access savings customers urged to check their rates

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

Best savings rates: Marcus makes a cut but new top easy-access deals are launched

Marcus Bank cuts its easy-access rate again as it reveals £17bn of cash has poured in from savers – are we set for best buy rates below 1%? Virgin Money cut its market-leading easy-access deal paying 1.31% last week Marcus has now followed suit which means savings rates could fall further Shawbrook has launched an … Read more