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This March, we’re on a savings mission.
Research from the Money Advice Service finds that more than half of the UK population (57%) have less than £100 in savings.
And for those that do have something saved - can expect on average, a dismal savings interest rate of just 0.33% (SOURCE: The Money Charity)
That’s why we’re making March the month to #MaxYourMoney
Interest rates on easy access savings account have falling for a long time, meaning your money has to work harder to generate interest. For an average savings account with instant access, they're now at a very poor 0.33% meaning for £1000 saved, you couldn't even buy a cup of coffee with the interest.
We want to change that.
Win £330 by telling us how you #MaxYourMoney!
We're encouraging our community to tell us how they beat the rate - just leave a review telling us what financial product you use to get more from your money. You'll be helping others, and to say thank you for your contributions, we’re giving you a boost by offering one luck reviewer £330 (the interest you'd earn on £100,000 in a year!)