Martin Lewis advises millions with savings or cash ISA accounts to review interest rates below 4% and consider UK-regulated institutions' 5% or higher rates.
Consumer champion Martin Lewis warns millions with savings or cash ISA accounts to review their interest rates, as rates below 4% are deemed 'diddly squat'. He emphasizes the importance of "savings self-care" and suggests checking UK-regulated institutions' 5% or higher rates. Nationwide offers existing customers 5.5% on fixed savings, while Santander Edge account gives 7% on up to £4,000.
June 24, 2024
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