{"id":43846,"date":"2023-10-26T13:59:11","date_gmt":"2023-10-26T13:59:11","guid":{"rendered":"https:\/\/histarmar.net\/?p=43846"},"modified":"2023-10-26T13:59:11","modified_gmt":"2023-10-26T13:59:11","slug":"savings-interest-rates-rise-to-5-90-percent","status":"publish","type":"post","link":"https:\/\/histarmar.net\/world-news\/savings-interest-rates-rise-to-5-90-percent\/","title":{"rendered":"Savings interest rates rise to 5.90 percent"},"content":{"rendered":"

<\/p>\n

Savers are being reminded to take advantage of high savings interest rates while they still have the chance.<\/p>\n

Savings accounts from bodies like Ziraat Bank are offering customers interest rates close to six percent.<\/p>\n

The savings product in question is the Turkish-owned financial institution\u2019s One Year Fixed Term Deposit.<\/p>\n

Over the last year, the Bank of England and other central banks have raised each country’s base rate in an attempt to rein in inflation.<\/p>\n

As it stands, the UK\u2019s base rate is sitting at 5.25 percent and is expected to remain at this level for the foreseeable future.<\/p>\n

Read more… Skipton Building Society launches new fixed savings account with 5.25% interest<\/strong><\/p>\n

Great-grandmother loses life savings to scammer<\/h3>\n

Experts are recommending savers seek out the best savings interest deals before rates drop with the One Year Fixed Term Despoit being considered one of Moneyfactscompare\u2019s top picks of the week.<\/p>\n

Currently, the bank is offering customers a favourable interest rate of 5.90 percent gross \/ 5.90 percent AER payable on maturity.<\/p>\n

The notice for this particular account is one year and the minimum opening amount for savers is \u00a31,000.<\/p>\n

As it stands, the maximum investment amount for Ziraat Bank\u2019s One Year Fixed Term Deposit is \u00a385,000.<\/p>\n

Don’t miss… <\/strong>
Pension savers scramble to track down lost savings pots[LATEST] <\/strong>
Martin Lewis pension tip helps woman reclaim \u00a313,500 – check if you’re entitled[LATEST] <\/strong>
Here are the best interest rates for easy access savings accounts right now[LATEST] <\/strong><\/p>\n

<\/p>\n

Easy access to the savings account, as well as further additions, are not permitted for customers.<\/p>\n

Anyone who chooses to use this account can open it online and manage the product either online, by post or phone.<\/p>\n

Applicants for the One Year Fixed Term need to be at least 18 years of age to open an account with the bank.<\/p>\n

Caitlyn Eastell, a spokesperson at Moneyfactscompare.co.uk, shared why savers should consider this account to bolster their savings.<\/p>\n