How to boost your savings rate to 5%: Beat the cuts with regular savings plans, current accounts and Help To Buy cash Isas



Younger savers looking to put money aside each month don't have to suffer rock-bottom rates of as little as 0.01 per cent.
Typically, workers saving for a house, wedding or holiday use their bank's standard savings account. But these now pay next to nothing.
You can use a combination of regular savings plans, current accounts and Help To Buy cash Isas instead to boost returns by as much as a quarter.
Firstly, take a look at what your current account provider has on offer. Some have good regular savings plans — while others pay competitive rates on the money sitting in your current account.... read more

 
4 October 2016 in Business, Views: 36
Source: Daily Mail
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