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Worst savings accounts should have a list

Hi,

I don't know if this already exists on the site. ( I have used the search facility to search but nothing came up)

All the worst and poorest paying accounts should have a list so people can see what they are actually getting at the moment. This would cause people to think and try to change to get a better paying account. I know the best savings rate are published on this site.

It would be good to name and shame the banks offering them and consquently stimulate competition? Just a thought!

Comments

  • frivolous_fay
    frivolous_fay Posts: 13,302 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    Nice idea, but there's some crossover between accounts - for example there are current accounts with better rates than plenty of savings accounts.

    I'm sure there are plenty at 0.2% or similar - how many ridiculously low accounts do you include on the list? :)
    My TV is broken! :cry:
    Edit: refunded £515 for TV 1.5 years out of warranty - thank you Sale of Goods Act! :j
  • Hi,

    If you go to our savings account guide, and scroll down to the section called "Ensure your savings aren't losings...", there is a drop down section when you click on "view the full list":
    http://www.moneysavingexpert.com/savings/savings-accounts-best-interest

    I hope that helps,

    Alana
  • iereboy wrote: »
    Hi,

    I don't know if this already exists on the site. ( I have used the search facility to search but nothing came up)

    All the worst and poorest paying accounts should have a list so people can see what they are actually getting at the moment. This would cause people to think and try to change to get a better paying account. I know the best savings rate are published on this site.

    It would be good to name and shame the banks offering them and consquently stimulate competition? Just a thought!


    good idea.......
    "Bigamy is having one wife too many. Monogamy is the same" - Oscar Wilde
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