Hundreds of thousands of savers who opened best-buy accounts over the past two years are now earning well below the current top-paying rates, a MoneySavingExpert.com investigation shows.
Consumers who switch to the Halifax Reward current account can earn an initial £50 bonus and get paid £5 a month, if they transfer via price comparison site Moneysupermarket.com.
Savers with a fixed-rate cash Isa who don't use their full allowance immediately could lose much of their tax-free entitlement or pay steep penalties to keep it.
Thousands of savers with Santander and Alliance & Leicester (A&L) accounts with a combined balance of over £50,000 can withdraw their cash even if locked away.
Alliance & Leicester and Santander's top paying easy access Flexible ISA has now completely closed to new customers, even earlier than previously expected.
30 March 2010
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