When did you last move your savings?

Options
Poll started 05 September 2023

With the top rates at their highest for more than a decade, it's important to check your savings are earning as much interest as they can – and if not, move them (see Top savings accounts for the current best buys).

Yet we know switching savings isn't everyone's top priority. So when was the last time you moved your cash into a higher-paying account?


Click here to vote in the poll.


Did you vote? Are you surprised at the results so far? Have your say below.
If you haven't already, join the forum to reply.

Thanks!

Comments

  • cannonballdaze
    cannonballdaze Posts: 71 Forumite
    First Post First Anniversary Combo Breaker
    edited 5 September 2023 at 11:40PM
    Options
    Yesterday, Monday 4th. Chip to Santander. 4.84% to 5.2%.
  • cardriver98
    Options
    It's now more about moving money to avoid the tax.  Used to be "fun"... now it's hard work !
  • Baileys_Babe
    Options
    I was surprised that the most recent option was "In the last three months" and not  a more realistic "in the last month" as rates have changed a lot recently thanks to the likes of Tandem, Cahoot, Santander.
    Fashion on a ration 2024 66/66 coupons remaining
    80 coupons rolled over 0/80 coupons spent - using for secondhand purchases

    One
     income, home educating family 
  • BobbinAlong
    Options
    A week ago I would have had to say over a year ago but the MSE weekly email had NS&I 6.2% offer so I took advantage of that a couple of days ago. Thanks MSE.
  • watson0056
    Options
    I don't have much understanding about where to invest in first place.  :(
  • DigSunPap
    DigSunPap Posts: 375 Forumite
    First Post Name Dropper
    Options
    Despite how high rates are at the minute, I have moved my savings away from traditional savings accounts into the S&P500. I have found that that the stock grows at a much faster rate than a savings account and is the safest bet on the stock market.
Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards