Interest Rate Instability Not Helping Monthly Savers

Summary


Recent reports of sky-high interest rates on savings accounts disguise a problem for those who rely on a monthly income from their savings.

While a number of banks and building societies have improved the rates on accounts that pay out every month, many are restricted to older savers, leaving anyone under 50 out of pocket.

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Interest Rate Instability Not Helping Monthly Savers

The AA and Icelandic bank Landsbanki has come to the rescue. The AA has launched an...

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