The Bank of England raises the base rate again. This follows the European Central Bank and US Federal Reserve. Find out how Insignis Cash Solutions can help.
The Bank of England has raised the base rate again. A further 0.75% to 3.00%. This follows the European Central Bank and US Federal Reserve, raising their rates by a further 0.75%.
What’s happening with the current savings rates:
Bank of England:
European Central Bank:
The US Federal Reserve:
What does this mean for savings rates?
As increase in all three base rates is only good news for savers, with commercial banks likely to pass on these rate rises to Clients. Meaning that Clients can expect high returns from Sterling, Euro and Dollar deposits.
How can Insignis Help?
One platform, 37 Banks & Building Societies and over 2,600 savings products.
Insignis Cash Solutions is an award-winning cash savings platform designed to help Clients earn better interest from their hard-earned cash. Insignis Cash Solutions partners with wealth managers, financial planners, and banks to empower savers to reduce risk, increase returns and save time. Insignis Cash Solutions offers cash solutions for individuals, corporates, charities and not-for-profit organisations, pensions, and trusts, across a range of deposit accounts.