MoneySavingExpert's Martin Lewis said savings rates have risen to a 10-year high of 3% - but that many banks are still getting away with not paying you enough.
Although the cost of living crisis has been hammering UK households, many still have some cash saved from during the pandemic - when many were furloughed.
UK homes saved up £170billion during the pandemic alone, but savings rates were so low they didn't have anywhere good to put it.