UK Savings rates Climb
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Rates of interest paid out on savings accounts has increased drammatically in the last year, thats even with the Bank Base Rate falling. Last September the best easy access account was Northern Rocks online tracker which paid 6.31%, when the Base Rate was 5.75%. Currently one of the best easy access savings account is from Alliance & Leicester and pays 6.56% - 1.56% higher than the Base Rate. These great rates are because banks want as much cash as possible at the moment.
Cash savers are realy on to something becuase the base rate has been falling but the average rate on savings accounts has been rising. As long as the demand for cash deposits remains high, savings rates will stay high too. Thats great news for all of us cash strapped savers! Below are some of the best rates you can get currently. Simply click on them to find out more. Remember you can have as many bank accounts as you want so it may be worth signing up to these high rates now because usually you get that rate for a few years. These great offer wont last forever!
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