Saver misbehaviour

By Rohan Gamble · 29 March 2010 · Locked

Savings Wars Erupt in Bankland: What's at Stake?

A heated battle for the best savings rates has brought chaos to Bankland's streets. But as savers rejoice, a more sinister impact on small businesses remains shrouded in mystery.

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Summary

You may have noticed a savings account war being waged, in recent weeks, in the streets of Bankland. Fights have broken out over the highest “special” rates, the most user-friendly conditions, and even – to a lesser extent – over the base rates. It’s good news for savers — but is it good news for small business?

Tags: Bankers, Banks, Business Finance, Personal Finance, Savings