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Big banks slow to pass on rate rises – how to get a better savings rate today

Are high street banks taking too long to pass on rate rises? Want to get more interest on your cash? We look at an easy way to get competitive rates.

Important information - This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

This article is more than 6 months old

It was correct at the time of publishing. Our views and any references to tax, investment, and pension rules may have changed since then.

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Written by
hargreaves-lansdown-news
Duncan Jeffery
Active Savings Lead
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The aim of Hargreaves Lansdown's financial content review process is to ensure accuracy, clarity, and comprehensiveness of all published materials
Article history
Published: 15th August 2023