Martin Lewis has said that thousands are being duped and ripped off when it comes to savings rates and that it was time to “stop the savings rip-off.”
The MoneySavingExpert founder said that many people are getting much less interest than they deserve and that they should consider switching. Savings rates are at their highest since 2009, with fixed-rate accounts now offering an interest as high as 4.85 per cent, he said in a special live episode of the Martin Lewis Money Show on ITV.
