UK Hits Record Low Interest Rates for 5 Years
Continued focus on customers recognised with more award nominations
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Moneywise Consumer Opinion Survey 2014
Moneywise has been helping people manage their finances for more than 23 years. This is their sixth year of running the survey and the subsequent awards -
each year more and more people help Moneywise award the companies that earn their customers' trust.
It has been reported that 80% of savings accounts are zombie accounts earning rates often as low as 0.1%.
According to shocking recent reports 4 out of 5 savings accounts in operation in the UK are "zombies".
So called because they are shut to new business and pay a life-sucking low rate of interest.
Independent research by Consumer Intelligence has identified that despite, “Sort out my finances and save money” being the second most popular new year’s
resolution many still haven’t switched their savings for a better rate.
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