A warning has been issued to millions of people with certain current accounts. New research shows that there are around 6.4 million current accounts with £10,000 in which are earning no interest .
According to new analysis from Spring Savings, there are 323,000 accounts which have £100,000. As a result, millions of people are keeping their money in accounts with no interest. A current account should ideally have around £1000 in, say personal finance experts.
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Any more money than this should be kept in an easy-access savings account, or ISA, which can be accessible if you need it.
Andrew Hagger, founder of personal finance webs

Daily Express

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