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Savers who nabbed the top- paying easy-access Isa from Santander last year enjoyed a rate of 3.2%, but after one year it drops to a dismal 1.2%.
Savers who nabbed the top- paying easy-access Isa from Santander last year enjoyed a rate of 3.2%, but after one year it drops to a dismal 1.2%.
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.
When it comes to savings rates, the big banks are being well and truly shamed by their smaller competitors.
Savers are still getting short-changed by Britain’s biggest banks despite mounting pressure from politicians to improve savings rates, new analysis has revealed.