Will the top cost savings account quickly pay less than 1%? Savers at the grace of inflation as market-leading easy-access rate is slashed from 1.20%to 1.05%
- RCI Bank – which funds Renault vehicle finance deals – followed Marcus Bank
- The Goldman Sachs-backed bank cut its easy-access rate to 1.05%on Tuesday
- Ford Cash pulled a 1.07%- paying account which released simply 2 weeks’ ago
- Both banks have likely been struck by a drop in demand for new car financing
Some links in this article may be affiliate links. That assists us fund This Is Money, and keep it complimentary to use.