UK savings deals: the heat is on as banks offer up to 8%
•Competition among banks is driving interest rates up, benefiting savers.
•Instant and easy-access accounts offer up to 5% interest.
•Regular savings accounts are now available with rates up to 8%.
المصدر: The Guardian | Source: The GuardianDon’t delay in taking advantage of the competition that is pushing up interest rates and increasing choice, experts say
It is shaping up to be a decent summer for savers as fierce competition among providers pushes up interest rates and increases choice.
You can currently get instant- and easy-access accounts that pay up to 5% interest, and fixed-rate savings bonds that pay almost that much. Meanwhile, those looking for a regular savings account can now get up to 8%.
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→Competition among banks is driving interest rates up, benefiting savers.
→Instant and easy-access accounts offer up to 5% interest.
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This article was originally published by The Guardian. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.




