“Both dropped their interest rates this week. Marcus to 1.05 percent and Saga to one percent. That’s still pretty high relative, would you believe.
“Top easy access account on the market at the moment is RCI Bank at 1.2 percent. But I think that may drop.
“There’s an interesting one which is NS&I, the state owned financial institution, 1.16 percent easy access there, and it has to give you at least two months notice to drop its rate, so you’ll get at least two months, probably more if you do easy access with it.”
Martin said: “Top one year fix is the Habib Zurich Bank, 1.45 percent, I know the name may not sound like it but it’s a fully regulated bank.”
Published at Thu, 14 May 2020 19:21:00 +0000