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Since the Bank of England made the decision to cut the base rate from 0.50% to 0.25% on the 4th August, over 108 banks and building societies have announced interest rate reductions.
Over 43% of savings accounts have already been reduced and many more cuts are planned for the upcoming weeks and months, some even going into early 2017. It seems that no account is safe from the cuts, so make sure that you don't miss out on precious interest and switch now to a higher-paying alternative. For instance, you can get five times more interest, whilst still retaining 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. |