Shamed: the banks that paid you just 10p... for every £1,000 you saved
Savers have a huge £967.4bn in easy access accounts and the big banks paying a pittance hold around two-thirds of the balances.
Source: thisismoney.co.uk
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NS&I ups savings rates for second time in two months
Treasury-backed bank is upping rate on three accounts to 0.35%, but this still falls far short of the best buys on the market.
Source: dailymail.co.uk
Premium bond winners for October 2021 revealed
The latest winners of the National Savings & Investments Premium Bonds have been announced this morning, with two lucky winners winning £1 million each. Both winners purchased their winning bonds early in 2021.
Source: moneyfacts.co.uk
Savings rates fall to lowest level ever
Savings rates fall to lowest level ever The average easy-access account now pays just 0.16pc to savers 14 December 2020 • 12:54pm Savings rates have fallen to their lowest level ever with returns from the average easy-access account a third of what was offered last year. Customers now earn pennies for depositing their hard-earned cash after interest rates on easy-access, fixed rate, notice accounts and cash Isas have plummeted in the past year. The average easy-access rate has fallen to 0.19pc, less than a third of the 0.6pc average rate paid in December 2019 and the lowest rate ever recor...
Source: telegraph.co.uk