Savings update: Shawbrook moves to challenge Metro Bank as rates increase

Sylvia Morris

cash pig.jpg

Rates on offer from new banks are edging up. Shawbrook Bank has raised the rate on its one-year fixed rate bond for new savers to a top 2.15 per cent before tax (1.72 per cent after tax).

Rates on offer from new banks are edging up. Shawbrook Bank has raised the rate on its one-year fixed rate bond for new savers to a top 2.15 per cent before tax (1.72 per cent after tax).

The move comes hot on the heels of the new deal from Metro Bank, out last week at 2.1 per cent (1.68 per cent).

read more

Source Moneywise http://ift.tt/1luqbhj