People looking to put money in to savings accounts currently have access to some fantastic deals, one expert has claimed.
However, according to David Black, principal banking consultant at Defaqto, people need to act soon to get the best fixed rate savings accounts .
Mr Black said: "With many people thinking that the base rate is likely to fall further this year some of the fixed rate products available now look outstanding value."
But, the fact that many banks are still looking to attract deposits will mean that there will be good savings account deals available for some time to come, he added.
People with high levels of savings should look to take advantage of this situation by shifting their money to the best account on offer, he concluded.
Yesterday, Kevin Mountford, head of savings at Moneysupermarket.com, said that there are many good savings accounts available and that people should take advantage of them while they can.
Fantastic savings accounts on offer, expert says
Fantastic savings accounts on offer, expert says
Fri, 18 Apr 2008
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