Four more well-known banks have been scrutinised by Parliament for not rewarding loyal customers. Nationwide, Santander, TSB and Virgin Money are the latest banks and building societies to come under fire from the Treasury Committee for offering savings rates significantly below the current interest rate.
Chip, Aldermore and Shawbrook Bank have all increased the rates on their easy access accounts over the past 14 days to enhance the competition at the top of the market.
This week saw a number of savings providers increase the rate on their one year fixed bonds, resulting in Masthaven Bank now topping this chart paying 1.39% AER
This week saw a number of banks increase their savings rates, notably Investec Bank plc raising the rate on its easy access savings account, which now pays the second-best rate in this chart
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