Money saving expert Martin Lewis is urging all savings account holders to check how much interest they are making.
The financial guru warned that if you are currently storing your cash in an account with a rate under 2.5 per cent then you need to ask now to boost it. He went on to explain that 2.5 per cent is the lowest rate anyone should be earning, on any savings account, following the Bank of England's recent base rate hike to 3 per cent.
The expert took the time to advise during the latest edition of The Martin Lewis Podcast on BBC Radio 5Live as he chatted through the saving account tips with co-presenter Nihal Arthanayake, reports The Daily Record.
