Key Takeaway
Don’t delay in taking advantage of the competition that is pushing up interest rates and increasing choice, experts sayIt is shaping up to be a decent summer for savers as fierce competition among providers pushes up interest rates and increases choice. You can currently get instant- and easy-access accounts that pay up to 5% interest, and fixed-rate savings bonds that…
Published July 25, 2026 · Category: News
Overview
Don’t delay in taking advantage of the competition that is pushing up interest rates and increasing choice, experts say
It is shaping up to be a decent summer for savers as fierce competition among providers pushes up interest rates and increases choice.
Details
You can currently get instant- and easy-access accounts that pay up to 5% interest, and fixed-rate savings bonds that pay almost that much. Meanwhile, those looking for a regular savings account can now get up to 8%.
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Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "UK savings deals: the heat is on as banks offer up to 8%" about?+
Don’t delay in taking advantage of the competition that is pushing up interest rates and increasing choice, experts sayIt is shaping up to be a decent summer for savers as fierce competition among providers pushes up interest rates and increases choice.You can currently get instant- and easy-access accounts that pay up to 5% interest, and fixed-rate savings bonds that pay almost that much. Meanwhile, those looking for a regular savings account can now get up to 8%. Continue reading...
Who reported this story?+
This story was reported by The Guardian World.