Money Saving Expert\u2019s Martin Lewis has more advice for families to help them save money wherever they can
Money Saving Expert’s Martin Lewis has more advice for families to help them save money wherever they can We can always rely on Money Saving Expert’s Martin Lewis to help us save a few pennies, and his latest advice will do just that – after he warned people to follow 2 ‘golden rules’ if they didn’t want to be ripped off by their bank.
’ ‘With rates potentially going to drop, open a top rate now , then if top rates do fall you've got the facility open at the higher rate. If not, and you've other options you prefer, use those, and just leave the fixes unfunded.’ The fix Martin refers to is NS&I’s account where customers who lock away their money for a year will receive 6.2% interest. Why are interest rates frozen? This is the first time in 2 years that the interest rate has not been raised.
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