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flag Barclays customers may lose up to £1,300 in savings due to inflation outpacing their account's interest rate.

flag 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. flag A higher-yield account could mitigate some of the impact of inflation on savings. flag Despite this, even the best rates cannot fully offset inflation, highlighting the importance of choosing the right savings account.

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