Make this an Easter nest-egg hunt
Banks and building societies aren't always helping savers to get the best rate for their earnings - despite having better options within their own branch.
People who keep their additional savings in their current accounts, to get instant access, could find that instant-access Isas might offer them a better choice, for example, but you do have to ask for the best financial advice.
Michelle Slade, analyst at Moneyfacts.co.uk, comments: "Whilst a wide choice is a positive, the difference between the highest and lowest rates at some institutions is as much as 5.95 per cent.
"Putting it another way, on a £2,000 balance you could be losing out on an additional £119 interest each year by choosing the wrong account. At a time when banks and building societies are trying to maintain customer's loyalty, you would expect them to advise customers that they could be getting a much better rate. Unfortunately this doesn't always appear to be the case."
March 20th 2008
- Struggling to budget - look to your lunch
- Working overtime evens out in the end
- Government urges pension discussion
- Money worries
- How to avoid being 'financially excluded'
- Inflation 'puts off further rate cuts'
- Insurance 'not just about price'
- Act fast to sort out mortgage problems
- After you're gone
- Phone costs eat into savings