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The interest rate on savings can be as high as 2.5% in the UK, despite the extremely low national interest rates. If one is willing to lock their money up for longer, e.g. such as a bond, they might get a higher rate.

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Q: How high is the interest rate on savings?
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Related questions

Do you want a high or low interest rate in a savings bond?

If you are investing in a savings bond, you wish for it to have a high rate of interest. If you are selling savings bonds, you wish it to be at a low rate of interest.


Who is the best provider of High Interest Rate Savings Accounts?

WaMu is the best provider of High Interest Rate Savings Accounts.


Which bank has High Interest Rate Savings Accounts in NY?

Bank of America offers very high interest savings in NY.


What is considered to be a high interest savings account rate?

High interest savings account rates vary, depending upon the bank a person selects. A higher interest savings account rate could be anywhere from 0.75% to 1.00%.


Which bank provides the best interest on bank accounts?

There are several banks that offer high interest savings accounts. ING Direct has a good reputation for offering a high interest rate with excellent customer service. Ally National Bank and American Express also provide high interest rates on their savings accounts.


What are the best high interest savings account rates?

The best high interest savings account rates include Nationwide Bank, with a 1.04% rate, Ally Bank with a 1.03% rate, and American Express, with a 1.00% rate as well.


What are the interest rates for a savings account from Chase bank?

Chase currently offers an interest rate of .5 on their savings accounts. These are not high rates.


What type of interest rate can you expect from a high yield savings account?

Interest rates vary depending on the bank the savings account is in. For a high yield savings account, interest rates can be from 0.95-3.0% annual percentage yield.


What bank offers a high savings interest rate?

Rated best bank by Money Magazine 2012, Ally bank offers the highest savings interest rate. The interest rate starts at .84% and has no minimum balance or monthly fees.


What was the average savings interest rate 1993?

The average interest rate on savings accounts is 3.5 to 4%


What banks provide high rate savings?

There are several banks that offer high rate savings accounts. Some of the best options for high interest rate accounts are through TD Canada Trust, Scotiabank and Bank of Montreal.


What is the average savings interest rate 2008-2009?

The average savings interest rate in banks is 3.5 to 4%