Savers aiming to make the most of their cash against a backdrop of high inflation have big decisions to make. We look at the accounts paying the most interest on savings
November 9, 2022 7:00 pm
However, while the outlook for savers has improved, even the best rate will still leave any spare cash you might have exposed to inflation this year, with the– here is a game plan you can adopt to try to lose as little money as possible.Both NatWest and RBS have Digital Regular Saver accounts offering 5.12 per cent that only require £1 to be deposited each month, with interest paid monthly.
For a halfway house in terms of tying up your money, Oxbury Bank will pay 3.12 per cent if you keep it with them for six months. The minimum investment for this one is £1,000.Should you fix now, given that the base rate is very likely to keep rising, which could mean savings rates go up?
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