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Cash Chats UK Money & Personal Finance podcast

Aug 22, 2018

This week I talk about the recent interest rate and how it will affect you, mainly in terms of the return you can get on your savings. The Bank Of England increased the base rate of interest from 0.5% to 0.75% earlier this month, making it the highest rate we've seen since the financial crash. You'd expect this to be passed on to savers, but I think that's unlikely, especially when you consider what happend when rates rose last November.  I explain why, and share where I think are the best places to keep your savings. Plus, changes to Lloyds and Halifax current account rewards, and why I'd stay clear of the Asda Christmas Savings card. More at