Millions of savers risk losing money as funds mature next month - 5 steps to take nowOver two million savers are being urged to act quickly to secure high-interest accounts before their current funds mature over the coming months.
For those with these accounts, holding a total of £73billion in savings, Mr Thrower warns that “time is running out” to secure a new high-paying fix.
To help those approaching the second ISA season and wanting to choose the right account, Mr Thrower shared five key steps to consider.
Mr Thrower said: “Under the Financial Services Compensation Scheme (FSCS) you are covered if a bank or building society fails.
Similarly, for a basic rate taxpayer, £20,000 in the same account could see them go over the threshold...
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