Savings rates have massively improved over the last year, off the back of consecutive interest rate rises from the Bank of England.
The top-paying easy-access account currently pays 4.35% - or you can get up to 6% at the time of writing if you lock your money away into a fixed account.
When you put your money into a savings account, you’re told the rate of interest and whether it is variable or fixed for a set period of time.
