Rather than dwelling on back-to-work blues, now could be the time to start saving for the next holiday. Best-buy savings rates have been creeping up, even though the bank base rate has not moved from 0.5% since March. Santander, for example, is starting a TV campaign today to promote a two-year fixed-rate bond that pays 4.2% interest (there are better rates available - see below). Other providers have also been getting in on the action. After disappointing savers by cutting the rate on its popular Direct Isa from 3.3% last November to 1.3% in March, NS&I has almost doubled the interest to 2.5%. So with all this activity in the savings market, where should you put your money for the best return?
Full article at Sun shines once again on rainy-day savings rates
Full article at Sun shines once again on rainy-day savings rates