Charles Stanley Direct is the latest provider to launch a savings platform, This is Money can reveal. Its savings platform, Cash Savings, is powered by Bondsmith and savers can open an account with a minimum investment of £1. Cash Savings will offer savers a range of savings accounts – easy access, fixed term, and notice accounts. You can have all your eggs in one basket with savings platforms as they allow you to hold several savings accounts in one placeA raft of providers have launched savings platforms over the past few months, including over-50s specialist Saga and Savings Champion. There is no fee to use Cash Savings but Bondsmith keeps a 0.1 per cut of the rates on Cash Savings.

Source: Daily Mail November 02, 2023 14:55 UTC