Sunday 28 June 2009

Higher Rates

I have been scrutinizing a few of the best savings rate league tables this afternoon and there has been some modest movement upwards, at last.

Leeds Building Society is offering a half-decent online rate of 3.05% gross, among a few others.

I checked my current variable rate cash ISA and was slightly shocked to realize that the rate I'm getting is a mere 1.42%. I'll close it forthwith. I may not even bother opening another ISA, since the best web savings rates are better still.

It still pays to be vigilant; especially with instant access accounts where no notice is required.

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