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001122334455554433221100

high street bank customers urged to maximize savings with better rates

Customers of Barclays, HSBC, Lloyds, and Natwest are urged to maximize their savings returns, as current rates at these banks are significantly lower than market alternatives. Experts suggest exploring various savings accounts, with some ISAs offering rates over 5%, compared to Lloyds' 1.15%. For those saving £20,000 annually, switching could yield an extra £640 in interest, highlighting the importance of utilizing personal and ISA savings allowances effectively.
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