Martin Lewis has urged everyone with money in a savings account to check how much interest they are making on it and warns that if the rate is under 1.5% then “you’re being underpaid - don’t stand for it”.
For many of us, we think putting money into a savings account is a job well done and forget about it until it either matures or something pops up and we need the extra cash.
But according to the financial guru, we could be missing out on much better interest rates available right now and he encourages everyone to review their savings pot - big or small - to make sure they’re getting the most value for their money.