Since the Bank of England made the decision to cut the base rate from 0.50% to 0.25% on the 4th August, over 90 banks and building societies have announced interest rate reductions as a result.
Over 25% 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.
So, don't miss out on precious interest and make sure you switch to a higher paying alternative.
Below is a selection of some of the top-paying accounts on the market and don't forget, if you are looking at current accounts for your savings and would like one that is straightforward, with fewer hoops to jump through,
Tesco Bank pays 3% AER.
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.
@savingschampion
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