£300 billion Sitting in no Interest Accounts - No matter your amount should you be opening a interest bearing savings account

26th January 2025

So many of you love your bank that you make them a gift of your money by leaving it sitting in an account with no interest adding to the bank profits.

Time to take a look at opening another account to move some money to earn interest. Some of the newer online banks allow you to open several digital accounts to save in pots for different purposes.

Moneyfacts compare had a good article to get you thinking.
Savers encouraged to act to maximise returns on their money

No matter how much you save it is usually worth getting interest payments and helping to keep its value rather than depreciating as each month passes with inflation.

So do it today or tomorrow at the latest.