Seeking out an account with a more competitive interest rate can make a huge difference. For example, Punjab National Bank is paying among the lowest returns, with its savings account offering 0.75pc.

Total cash savings held by UK households has topped £1.5 trillion, according to the latest Bank of England data. This includes interest-bearing easy access and notice accounts, fixed rate ...

In its latest Monetary Policy Committee meeting, the Bank of England voted to cut the Bank Rate to 4.5pc ...

A money market account functions like a savings ... account's rate will vary based on several factors, including the balance, which bank you use, and the current interest rate market. The average ...

I would make sure the account pays a higher interest rate than the average bank account." Our Methodology: How We Chose the Best Savings Accounts There are many high-yield savings accounts ...