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A single change could double the interest you earn on savings

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www.mirror.co.uk

Savers can typically more than double their interest rate if they give their provider some notice before making a withdrawal.

That's according to new figures from Moneyfacts.co.uk, showing the average easy access rate is now just 0.26%, but the average notice account on the market pays more than twice this - at 0.60%.

Notice accounts set out a timeframe for savers to inform their provider, if they want to access some money in their account.

Moneyfacts said the average return on notice accounts is the only type of cash savings account on its records that has not fallen to a record low rate - taking into account easy access deals, fixed bonds and similar ISA deals.

Read more on mirror.co.uk
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