Ditching your bank? Watch out for traps as attractive bank deals vanish off the back of base rate increase



Savers looking for the best deals on their easy-access money need to act quickly - and watch out for traps.
Top deals can be on sale for a matter of days before they are taken off the market.
Meanwhile, some banks are launching new accounts paying less than deals offered before the base rate jumped from 0.25 per cent to 0.5 per cent three weeks ago.
Last night, two top accounts disappeared. Yorkshire BS shut its Single Access Saver 4 and Skipton BS its Cash Isa Plus to new savers to stem the amount of money coming in.
Both were among Money Mail’s best buys, with rates rising to 1.35 per... read more

 
22 November 2017 in Business, Views: 60
Source: Daily Mail
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