Money experts urge people with savings in a bank account to check it now
dailyrecord.co.ukChase is urging savers to check the return on any money they have in a current account as they could be missing out on a better interest rate elsewhere.
New research by the digital bank of 2,000 people from across the UK found that half (57%) prefer to keep the majority of their money in a current account rather than a savings account.
Respondents said they believe that it’s easier to keep track of money in a current account (25%) than in a dedicated savings account either with the same banking group or a different one.
Others said they do not have enough money to justify opening a separate savings account (22%), some said their current account provides a good interest rate (13%) while a few people indicated it was the fear of not being able to access money when they need it (16%) that was stopping them.
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