The Independent on MSN8d
Interest rates: What does a 0.25% cut mean for your mortgage, savings and bills?The Bank of England (BoE) have today announced their base rate is to be cut 25 basis points, leaving the Bank Rate - what we might simply call the interest rate - at 4.5 per cent, the lowest it has ...
But the average savings account interest rate is closer to 0.4 percent. And the nation’s three largest banks — Bank of America, Chase and Wells Fargo — offer 0.01 percent on their standard ...
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