Ever since interest rates plummeted in the aftermath of the 2008 financial crisis, savers have had little to cheer about. The gap between average and best buyThe average easy-access rate today is 2.1 per cent, while the best easy access deal available pays 3.81 per cent. > Check today's best savings rates using our best-buy tablesHow much interest has a typical saver earned since 2008? That's £2,916 more than the average saver during that time, would would have earned £1,545. Compared to the average saver, they would be £3,616 better off - provided they had not incurred any penalties for early withdrawal.
Source: Daily Mail May 26, 2023 23:04 UTC