Beware the top easy-access savings rates that fall by 4% after just one year
Savers are being tempted with enticing rates of around 5% on easy-access accounts. But most of them are only worth holding on to for a year.
Source: dailymail.co.uk
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Savers are being tempted with enticing rates of around 5% on easy-access accounts. But most of them are only worth holding on to for a year.
Easy access savers can now benefit from market-leading interest rates with Leeds Building Society's online savings account and online ISA.
Nationwide switch offer
Comes as Bank of England decides to freeze interest rates at 5.25 per cent for first time in two years
Newcastle's Base Rate Tracker paid a market leading 4.3% for easy-access, but two new accounts have since been launched paying almost as much.