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Today, the Bank of England’s Monetary Policy Committee voted to hold the base rate at 0.25% and whilst this was broadly expected, at least savers haven’t seen another reduction.
However, we are still seeing interest rates being cut, with over 600 accounts cut already this month and even some already announced for the new year. 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* If you are looking for more interest and have sufficient money in accessible accounts, Fixed Rate Bonds offer rates of up to 2.01% gross/AER for 5 years from Masthaven 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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