An extra 0.25% for Monzo on our balances
I wonder is Starling will mirror this and now pay 0.75% interest
And still 0% for us!
Hopefully not for long!
It makes barely any difference to savers - It’ll impact mortgages etc far more.
Thought this quote from BBC summed it up…
For the average cash Isa saver with £11,200 locked away, the latest rise - if passed on - could mean £28 more a year in interest.
Not by the looks of things: