Summary
BANKS and building societies are increasingly using short-term bonuses to attract new savers. But as with most short-term incentives, customers are not always the winners.
Data provider Moneyfacts looked at the top five accounts over a four-month period in four account categories. It found that two- thirds included an introductory bonus, propelling them into the best- buy tables.See the full content of this document
Extract
Bonuses Mask Low Savings Rates
No-notice accounts are most likely to come with an introductory bonus (...
See the full content of this document
Sponsored links
