Some of the biggest high street banks are offering lower interest rates to customers than so-called challenger banks, along with demanding more from their clients in return, a new study shows.
Comparison site Finder analysed a total of 85 easy access savings accounts, spread across 33 different providers. The analysis included big-name high street banks including Bank of Scotland, Barclays, Halifax, HSBC, Lloyds Bank, Royal Bank of Scotland, Santander, The Co-op Bank, TSB and Virgin Money, plus Nationwide as a building society.
