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High Interest Rates Are Here | London News
Description
Banks are throwing cash at savers with record-high interest rates—easy-access accounts up to 5%, fixed bonds nearing 5%, and even 8% for regular savers. With inflation still biting, now’s the time to move your money. Revolut offers 5% for new UK customers (with limits), Chase gives 4.5% with a bonus (requires a current account), and fixed bonds from Marcus and Atom hit 4.9% and 4.8%. Lloyds and Santander are paying 8% on regular savings—but check terms and your personal savings allowance, as interest above that is taxable.
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