Only 10% of easy access accounts pay 1% or more

Only 10% of easy access accounts pay 1% or more | moneyfacts.co.uk

The Governor of the Bank of England suggested people shouldn’t be holding their breath for a base rate rise. which is bad news especially for easy access accounts. as over a third pay less than the base rate of 0.25%.

Last week. the Governor of the Bank of England suggested that people shouldnt be holding their breaths for a base rate rise anytime soon. which is bad news for savers as an increase in base rate could be what finally boosts savings rates up again. And a boost is very much needed.

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