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Today, the Bank of England’s Monetary Policy Committee voted to hold the base rate at 0.25%, leading savers to breathe a collective sigh of relief that there was no further cut.
However, we continue to see the effects of the cut in the base rate back in August, with over 57% of savings accounts already reduced and many more cuts planned for the upcoming weeks and months, some even going into early 2017. So, although we haven’t suffered another cut, it still makes sense to switch now to a higher-paying alternative to maximise your returns. For instance, you can get five times more interest, whilst still retaining easy access to your funds with Nationwide Building Society and TSB Bank.* As always, if you need any help with your savings or want to discuss further options, please call us on 0800 321 3581, we’d love to hear from you. |
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Best Savings Deals SummaryIf you have any queries regarding our Best Buy Tables, an account featured or the suitability of the account for your needs, please call us on 0800 321 3581.
Our Best Buy Tables are based on whole of market research, independent and have no commercial bias, ensuring that you can rely on them to make an informed decision. Alternatively, please call us on 0800 321 3581 to discuss your savings with one of our expert advisers. |
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