It is quick and easy to check
Martin Lewis has given an urgent warning to people with a savings or cash ISA account who may be able to “quintuple the interest in minutes”. The personal finance guru urged everyone to check their current rate now as they may be able to get four times the amount of interest with a different bank.
Martin wrote: “Millions of people have money in savings and cash ISAs, earning far less than 1 percent - with banks taking advantage of customer inertia. Stop 'em ripping you off. Check yours now.”He added: “You may be able to get quintuple the interest in minutes as the top savings fixes now pay nearly 5 percent and top easy-access near 4 percent. The cash ISA versions of each pay a little less.
The team at MSE.com have put together an in-depth guide to the best savings accounts options with Martin offering expert insights into ISAs, easy access, all-rounder access and fixed accounts currently available, which you can read here. Their advice is simple: "Don't earn less than 3 percent at the very minimum”.
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