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BBC Sounds and ITV star, Martin Lewis, has advised bank account holders to contemplate switching banks. The renowned money-saving expert underscored the need to ensure that customers are securing the best possible rates for their bank accounts due to fluctuating easy-access rates nationwide.
In a tweet, Lewis said: "The top easy access savings now beat fixes. Check what yours pay, you can still get 5% or more." Additionally, in his widely read newsletter, he elaborated: "What's happening to savings is a mirror of mortgages, except here higher rates are good, lower bad.
"The rate you can fix at has dropped, as they're based on longer-term interest-rate predictions, while the top paying variable (easy-access) rates haven't, as they're based on the UK base rate, which the Bank of England held last
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