Savers urged to open inflation-beating accounts before UK interest rates fall

June 28, 2024 Leave a Comment

Savings experts say this is a ‘window of opportunity’ to lock into a savings account at a decent rate

UK savers are being urged to lock into an inflation-beating savings account before interest rates start their downward journey.

A number of fixed-rate savings bonds currently pay 5%-plus – on these accounts your return is guaranteed and you will be earning more than twice the current rate of inflation.

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