Take Up Fixed Rate Bonds

Savers are being encouraged by the banks and building societies to lock their money away for a fixed period, rather than placing it in an easy access account, according to Moneyfacts.co.uk.

Over the last six months the average rate offered on fixed rate bonds has increased from 2.87pc to 3.53pc, with the highest bond rate on offer now more than 2.00pc above that available on an easy access account.

Read more here.

financialnewsroundup.blogspot.com