Those who want to instil the savings habit are urged to consider the top paying regular savings account
Savers are being urged to act fast as top-paying savings accounts now offer rates of up to 7.5 per cent.
Experts have warned that waiting too long could mean missing out, especially as the Bank of England are poised to cut the base rate at their next meeting.
This week’s leading accounts still offer competitive rates — but experts warn they may not stick around for long.
Analysts at Moneyfactscompare have compiled a list of the best savings accounts available in the UK for the week beginning April 28.
Rachel Springall, Finance Expert at Moneyfactscompare.co.uk said: "Savers will find rate tweaks were a bit subdued last week, which is somewhat expected due to the Easter break. However, there were a handful of providers re-adjusting the rates in their range.
“Those savers looking to take advantage of their cash ISA allowance will find a mixed of cuts and increases last week, which emphasises why savers should not wait around to grab a top rate deal.
"Whichever account savers decide on, it is imperative to ensure they stay within their Personal Savings Allowance (PSA) and take advantage of their ISA allowance to protect their hard-earned cash from tax.
“Savers are at the mercy of base rate cuts so now is the time to be vigilant, as there could be a cut on the cards next week. If savers discover that they are getting a raw deal, then it’s time to switch.
"Loyalty does not pay, but it is up to savers to move their cash and chase down better returns."
Here is a list of the best savings accounts on offer with a one-year fixed-rate interest rate attached for the week:
Here is a full list of the best cash ISAs with a one-year fixed interest rate attached currently on offer for the week:
Here is a full list of the best cash ISAs with a variable interest rate attached currently on offer for the week:
Here is a full list of the best easy access savings accounts without a bonus attached for the week:
Here is a full list of the best easy access accounts with a bonus attached for the week:
