Elizabeth Lewis+FollowHow to Make Your Savings Work HarderHeads up, savers! Marcus by Goldman Sachs just cranked up its fixed-rate savings to 4.55% for a year. That means if you stash away £1,000, you’ll get £1,045.50 back—no effort required. The catch? You can’t touch your cash for a year, and only the first £85k is fully protected. With so many people leaving money in low-interest accounts, this could be your cue to shop around and make your money hustle a bit harder. #SavingsHacks #MoneyTalk #InterestRates #Business #Market00Share
davenportmeghan+FollowInterest Rates: What’s In It For You?Quick coffee break scoop: The Bank of England just kept interest rates steady at 4.25%. So, if you’re on a tracker mortgage, your monthly payments won’t budge for now. Fixed-rate folks? No change until your deal ends. Savers, watch out—banks might nudge down your interest, but some are still offering decent rates if you’re willing to lock in your cash. For credit cards and loans, keep an eye out: lenders might tweak rates soon, so it’s worth checking if you can snag a better deal! #MoneyTalks #MortgageTips #SavingsHacks #RealEstate00Share
Willie Morales+FollowCD or High-Yield Savings? $20k DilemmaGot $20k sitting around? Here’s the scoop: CDs and high-yield savings accounts are both offering sweet interest rates right now, but there’s a catch. CDs lock in your rate (and your cash) for a set time, so you can’t touch it without a penalty. High-yield savings accounts let you dip in anytime, but their rates could drop soon if the Fed cuts rates. If you want flexibility, go savings. If you want a guaranteed return, CD’s your friend. Either way, don’t let your money snooze in a regular savings account! #MoneyMoves #SavingsHacks #PersonalFinance #Business #MakeMoney00Share
nkent+FollowChase’s 5% Savings Hack: Worth the Hype?Chase is rolling out a juicy 5% interest rate for new savers—one of the best deals for easy-access savings right now. But here’s the catch: it’s only for newbies, and the rate could drop if the Bank of England cuts rates. If you’re looking to stash your emergency fund or holiday cash, this could be a smart move—just remember, the bonus only lasts a year, so set a reminder to shop around when it ends! #SavingsHacks #MoneyTalk #ChaseBank20Share
