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Interest rates are rising but there's a catch with withdrawal restrictions


Savings rates on easy-access accounts have crept up to 0.6 per cent for the first time in nine months
Savings rates on easy-access accounts have crept up to 0.6 per cent for the first time in nine months. Investec raised the rate on its Online Flexi Saver this week to 0.58 per cent on a minimum £5,000 investment, while Paragon Bank’s new Limited Edition Easy Access pays 0.46 per cent on £1 or more. 
There are also providers paying up to 0.6 per cent, but these accounts often come with a catch. Some include a bonus which makes the rate look better. This usually lasts for a year before disappearing to leave you earning as little as 0.1 per cent unless you move your money.  ....

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Interest rates: Best flexible & fixed savings deals shared ahead of BoE base rate decision


| UPDATED: 14:32, Sun, Mar 14, 2021
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Interest rates for a number of financial products are very low at the moment as the Bank of England continues to keep the base rate at an all time low. As such, those looking for decent returns on their savings are likely to struggle. ....

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Premium bonds & NS&I green savings bonds to see billions of investment but caution urged


| UPDATED: 11:26, Thu, Mar 11, 2021
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Savings rates have been analysed by Hargreaves Lansdown (HL), who examined how the savings market is performing in the run up to March. They noted savings rates have fallen, particularly fixed rates, with the average one-year rate sitting at just 0.26 percent, down from 0.97 percent in January 2020. ....

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