Savers need to check that they are making the most of current high-interest rates on offer
Research from Shawbrook has found that nearly a quarter don’t know what interest rate they are currently getting on their savings account. Adam Thrower, Head of Savings at Shawbrook, said: “Despite higher interest rates, far too many UK savers are having the life sucked out of their savings by inflation.
", ensuring their hard-earned money works harder. It may be spooky season, but that’s no excuse to ghost your savings. Reviewing their current rate, and considering the other rates on offer, as well as the tax implications are all vital. So too is how accessible the cash is and whether its available at short notice should it be needed. Switching now will help avoid being haunted by poor financial decision making.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Spooktacular Halloween Homes: the best haunted house and Halloween decorations in Leeds this spooky seasonTake a look at these splendid and spooky homes in Leeds all dressed up for Halloween 2023.
Weiterlesen »
MP accuses UK’s biggest banks of being ‘far too slow’ to reward saversHarriett Baldwin, who chairs the Treasury Committee, said the ‘big four’ banks have not done enough to pass on higher interest rates to savers.
Weiterlesen »
MPs Criticize UK Banks for Failing to Reward SaversThe chair of the Treasury Committee has criticized Britain's biggest banks for not passing on higher interest rates to savers, despite their improved financial performance.
Weiterlesen »
MP accuses UK’s biggest banks of being ‘far too slow’ to reward saversHarriett Baldwin, who chairs the Treasury Committee, said the ‘big four’ banks have not done enough to pass on higher interest rates to savers.
Weiterlesen »
MPs Criticize UK Banks for Failing to Reward SaversThe chair of the Treasury Committee has criticized Britain's biggest banks for not passing on higher interest rates to savers, despite their improved financial performance.
Weiterlesen »