Savings mistake that could leave you ‘short-changed’ – move to make NOW to get best interest rates

SAVERS with their money in old accounts could risk getting a much lower return than those who switch to new products, a new report has warned. 

Analysis by Moneyfactscompare.co.uk showed the average rate of a closed easy access account is just 2.82% this July.

But if customers moved their money to a similar account with a new provider they could see that rate rise to 3.13%.

Doing this would save them an average of £31 per year...