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Barclays customers may lose up to £1,300 in savings due to inflation outpacing their account's interest rate.
Savings expert Anna Bowes warns Barclays customers they could lose up to £1,300 in purchasing power due to high inflation at 3.8%, which outpaces the 1.11% interest rate of Barclays' Everyday Saver account.
A higher-yield account could mitigate some of the impact of inflation on savings.
Despite this, even the best rates cannot fully offset inflation, highlighting the importance of choosing the right savings account.
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Los clientes de Barclays pueden perder hasta £1,300 en ahorros debido a la inflación que supera la tasa de interés de su cuenta.