📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

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: 73 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 5 September 2023 at 11:40PM
    Yesterday, Monday 4th. Chip to Santander. 4.84% to 5.2%.
  • It's now more about moving money to avoid the tax.  Used to be "fun"... now it's hard work !
  • 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 2025 0/66 coupons spent
    79.5 coupons rolled over 4/75.5 coupons spent - using for secondhand purchases

    One
     income, home educating family 
  • 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.
  • I don't have much understanding about where to invest in first place.  :(
  • DigSunPap
    DigSunPap Posts: 375 Forumite
    100 Posts Name Dropper
    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

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.