I’m a lazy saver. I have little motivation for moving my money – and there’s not much to move. But when our latest research shows we’re missing out on £13 billon in savings each year I decided I’d like my slice of the pie.
Posts tagged with "savings-scandal"
New Which? research shows that the longer you have held your savings account the more likely you are to be earning a pitiful rate of interest. And the chances that are your bank doesn’t want you to know.
Do you stash cash at home rather than in the bank? If so, not only are you missing out on making some return on your savings, you’re also losing the protection your money would have if you kept it in the bank.
Hopefully, you’ve heard of our savings scandal campaign by now and changed to a better deal. Now we’re taking it further and pushing MPs to support the campaign, and we need you to help us make some noise.
Many of you got involved with our campaign for better savings interest rates. But have you heard the one about misleading savings account names? It may pay to steer clear, even when they sound impressive.
When was the last time you checked your savings rate? If it wasn’t recently, you might be in for a nasty shock. British savers are missing out on over £12bn in lost interest every year. It’s time to reclaim your share.