Summary
SAVERS are being misled over the rates they earn on their money. Some banks run a series of accounts with the same name and pay different rates of interest depending on when you signed up.
And by getting stuck in an old version, you can earn a quarter less interest than the bank pays to new savers.See the full content of this document
Extract
The Bank Names That Baffle Savers
The banks operate by launching an account to attract savers. Further down the line, they close the account to new savers.
Next, they launch another a...See the full content of this document
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