Martin Lewis Money Saving Expert: Best ISA rates revealed today (Image: ITV/THIS MORNING/GETTY)
Putting your money into a good savings account in a wise decision.
It’s ideal to maximise your saving potential by choosing high interest savings accounts.
However, finding the best accounts is not always easy.
Luckily Martin Lewis is on hand to guide Britons.
Martin Lewis Money Saving Expert: Best ISA rates revealed today
Martin Lewis told This Morning viewers on ITV today: “The mood music for savers isn’t good.
“The world economic outlook is gloomy and there’s huge uncertainty here in the UK, so the City’s long-term interest rate predictions have plummeted.
“Fixed-rate savings are based on these, so they’re dropping. And in the last couple of weeks, first easy-access best-buy Marcus, which held firm at 1.5 per cent for 11 months, shaved down its rate, then its fellow top payer Cynergy followed suit.”Martin’s top pics of savings accounts
Top easy-access account
You can earn 1.45 per cent in a top easy-access account if you want to withdraw at will.
Here you can save as much as you like (within reason), add to it whenever you want, and get your money out whenever you want.
Marcus and Cynergy are still the top payers at 1.45 per cent (both are min £1 but have year-long intro bonuses, of 0.1 per cent and 0.7 per cent respectively, so the rates will drop after). As they’re variable, if rates drop or a better deal comes along, you can simply pull your money out and move it elsewhere.
As these are bog-standard simple accounts, there are very few reasons why anyone should be earning less than this.
You can actually earn more in Al Rayan bank (min £500) which is 1.6 per