First direct invites all savers to review their accounts
August 11th, 2011
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A recent research by first direct (firstdirect.com) has found that almost half of savers (47.7%) only hold one savings account and, at the same time, less than half of them know exactly how much they have saved.
Even more surprisingly nearly four in ten (36.9%) savers don’t know what interest rate they’re being paid for their hard earned cash and a similar number (34%) rarely or never check their balance, all highlighting a serious lack of awareness when it comes to savings accounts.
