Martin Lewis urges people with savings accounts to 'check them now'

ok.co.uk:

Martin Lewis has issued a warning to those with money in a savings account to "check it now." He's urged people to see if they're being underpaid, and encouraged people to check savings pots to make sure you're getting the best value for your money.The Money Saving Expert is known for his savvy saving hacks and in recent updates he said those with savings pot, big or small, need to review.Top savings rates have jumped to their highest levels since July 2019 and Martin said that if your savings rates are less than 1.5 per cent you're being underpaid.

Get exclusive celebrity stories and fabulous photoshoots straight to your inbox with OK!'s daily newsletter He said: "Don't stand for it.The minimum savings should pay is 1.5% - as that's what you can get in the top easy-access account.

If you've not switched savings account in the last couple of years, you're likely earning just 0.1% or less. "Even if you opened a decent account a few months ago, as rates have increased, you're still likely earning little more than half of what today's top accounts pay.Though of course you know that, as you've already checked...

sorry for going on about it." In his latest newsletter, Martin urges people to see if they can get a better deal on interest rates elsewhere.