New research from Which? has revealed that customers with so-called "free" bank accounts can still end up paying hundreds of pounds in charges.
The Bank of England (BoE) is keeping interest rates at 0.5 per cent for the 36th successive month.
Banks and building societies continue to raise the rates they pay on their easy access internet accounts. Derbyshire BS, part of Nationwide, has raised the rate on its NetSaver Issue 1 to 3.18 per cent before tax (2.54 per cent after tax).
Coventry Building Society has reintroduced its Poppy Online Saver account paying a top 3.1 per cent before tax (2.48 per cent after tax) and helping to support the Royal British Legion Poppy Appeal.
Nationwide’s new Flexclusive branch-based account pays 2.25 per cent (1.8 per cent after tax).
A unique platform allowing customers to actively manage several cash savings accounts has launched.
The cash Isa season is hotting up as we approach the end of the tax year. Nationwide has raised the rate on its online E-Isa to 2.9 per cent for savers opening an account from February 1.
A trio of easy access savings accounts have been launched with top rates of interest.
You may not have a lump sum available to invest, but you can still tuck away a little each month in an Isa. Indeed, saving on a regular basis can bring additional benefits. By Faith Glasgow.
National Savings & Investments (NS&I) has launched its Direct Saver, an easy access account paying 2 per cent before tax (1.6 per cent after tax).