More misery for savers as Halifax and Lloyds become the latest to slash rates on easy-access and cash Isas to 0.05%



Halifax and Lloyds are the latest big banks to announce they will pay savers just 0.05 per cent on their easy-access and cash Isa accounts.
The rate on Lloyds's Instant Saver and Instant Cash Isa will fall from 0.25 per cent to 0.05 per cent from December 8.
So will the rate on the Halifax Instant Saver and Instant Isa Saver.
The 80 per cent cut will affect the majority of the banks' easy-access and cash Isa savers, as these are the accounts into which they move you once you have been with them for 12 months.
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4 October 2016 in Business, Views: 63
Source: Daily Mail
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