Savings update: only a handful of easy-access rates now top 1%

Sylvia Morris

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Savings rates continue to fall as banks and building societies cut their easy-access rates.

Savings rates continue to fall as banks and building societies cut their easy-access rates.

Only a handful - including French-owned RCI Bank and Kent Reliance - still pay 1% before tax to new savers.

Others which matched this rate earlier this month have cut their rates to either 0.75% or even 0.5%.

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Source Moneywise http://ift.tt/2f5Pjf7