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Loyal savers at Barclays and Lloyds Bank are urged to reassess their savings accounts, as many are missing out on better interest rates amid rising inflation. With some easy-access accounts offering as low as 1%, switching to more competitive options could yield significantly higher returns, potentially increasing earnings from £100 to £300 annually on a £10,000 deposit. As the new tax year approaches, several providers have enhanced their rates, making it crucial for savers to explore their options and maximize their savings potential.
Cynergy Bank plc
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
loyal savers urged to switch accounts for better interest rates
British Pound Sterling
Barclays PLC
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Rachel Springall
Matthew Parden
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15:25 27.03.2025
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