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financial experts urge savers to switch accounts for better interest rates
Savers with major banks like Barclays and Lloyds are urged to switch accounts to secure better interest rates, as many current offerings are significantly lower than inflation. Financial experts highlight that switching could yield hundreds more in annual interest, with some accounts offering rates above 4.5%. For instance, a £10,000 deposit could earn £300 instead of just £100 by moving to a more competitive account.
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