Savings update: only five banks paying 1% on easy-access accounts

Sylvia Morris

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Earning 1% before tax (0.8% after) on your easy-access money is becoming increasingly difficult as providers cut their rates.

Earning 1% before tax (0.8% after) on your easy-access money is becoming increasingly difficult as providers cut their rates.

Once they find themselves at the top of the best buy tables they tend to drop their rates to stem the flow of money in.

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Source Moneywise http://ift.tt/2dsyg2J