Savers can help combat the recent hike in mortgage costs — by taking advantage of a rise in savings rates. Savers now have the opportunity to max out their interest to help soften the blow of rising mortgage rates. This is offered by Raisin, an online platform where you can hold several savings accounts in one place. Research from challenger bank Atom reveals that half of adults have never switched savings accounts — so are losing out on better deals. Halifax upped its easy access Bonus Saver rate to 3 per cent yesterday.
Source: Daily Mail June 21, 2023 02:52 UTC