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.
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.
Not one standard easy access savings account currently beats the rate of inflation. This means all savers with cash in one are losing money in real terms as their purchasing power is diminished.