The Guardian
UK · 21 mins ago
UK savings deals: the heat is on as banks offer up to 8%
Don’t delay in taking advantage of the competition that is pushing up interest rates and increasing choice, experts say
It is shaping up to be a decent summer for savers as fierce competition among providers pushes up interest rates and increases choice.
You can currently get instant- and easy-access accounts that pay up to 5% interest, and fixed-rate savings bonds that pay almost that much. Meanwhile, those looking for a regular savings account can now get up to 8%.
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