New research by Which? Magazine has uncovered ‘that an online saver could be £375 better off over the course of a year compared with a branch-only saver. It also found the average rate for instant-access savings accounts available in-branch to be just 0.56%, less than half of that available to online savers (1.14%). Fixed-rate savings accounts and cash ISAs also offered a much better range of best-rate products for online savers.
With figures from the Department for Work and Pensions showing that four million people in the UK are digitally excluded, either because they can’t afford or don’t have internet access, it appears the banking industry is treating its offline customers unfairly.’ (source Which?)
If you are reading this post then you clearly are already online savy. It is very easy to find the best savings rates by using one of the many online comparison sites. But to make it even easier for you here is a link that will take you directly to the best deals. Click here.
£200 Pension Cashback Offer
Make a qualifying deposit or transfer a pension to our partner Interactive Investor.
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- Terms and Fees apply, Capital at risk
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- Offer ends 30th June 2026
Before starting your transfer, check you won't lose any valuable benefits (such as guaranteed annuity rates or a lower protected pension age) and find out what exit fees you might have to pay
