I saw on the Daily Express that a bank has come out with a 5.4% interest account, I’ve not heard of them before and I didn’t see a thread discussing them
Firstly kudos for searching properly. Since they’ve been around since 2017 I was genuinely surprised that there hasn’t been a thread as yet.
But it’s a bank for the SME and business sector mainly - though as you say they now have a savings account too.
Does anyone here actually use them? Genuinely interested
I don’t recognise them
That’s cos their head office is in Cognito
It’s a three-year fix, though.
Just managed to get a 6-month fix at 5% through Hargreaves Lansdown Active Savings (a bit like Raisin). It was only available for less than 24 hours, from what I can see.