Claims extracted
23
sentences that state something as happening or true
Uncertain
26%
6 of 23 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
66/100
The Guardian's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Returns on the top fixed-rate savings accounts are at their highest level in years and still climbing, with some now paying up to 5.25%.
asserted
some → fix → %
It leaves those with money to put away facing a choice: lock into some of the best interest rates on offer in several years or hold your nerve in the hope they get even better?
asserted
they → leave → hope
While new fixed mortgage rates have jumped in recent months – dealing a blow to many homebuyers and those aiming to remortgage – their pain has been savers’ gain.
asserted
pain → fix → homebuyers
This month, the data provider Moneyfacts said fixed savings rates were at “multiyear highs”, fuelled by strong competition, and this trend has continued: on Thursday the average new one-year fixed savings bond rate was 4.41%.
asserted
rate → say → Thursday
With a fixed-rate savings bond, you typically have to tie up your money for between six months and five years, and they provide a clear, guaranteed return.
asserted
they → fix → return
The one-year version tends to be popular as many people do not want to tie up cash for long periods.
asserted
people → tend → periods
The top-paying accounts are offering a fair bit more than that average: at the time of writing, GB Bank had a one-year fixed-rate bond paying 5.05%.
asserted
Bank → pay → %
Meanwhile, Kent Reliance had a 13-month acciunt offering 5.06%.
asserted
Reliance → have → %
The best-buy rates are even higher if you tie up cash for longer.
asserted
you → tie → cash
This week, GB Bank, Shawbrook Bank and Vanquis were among those paying 5.25% on a five-year fixed bond.
asserted
Bank → pay → bond
However, some savers will recall that as recently as late 2023 there were fixed bonds paying 6%, and if and when the Bank of England base rate goes up, that could push returns on savings higher than they are now.
uncertain
they → recall → savings
Many economists predict the Bank will lift the base rate before the end of this year, with further rises thought likely next year.
asserted
rises → predict → year
Rachel Springall at Moneyfacts expects the deals on offer to savers “to get even better”.
asserted
deals → expect → savers
However, she cautions that we do not know the path interest rates will follow, and that anything could happen in the next few months or so.
uncertain
anything → caution → months
Those with cash to stash may want to hedge their bets by putting some into a competitive fixed-rate bond now and keeping another chunk in a high-paying easy access account.
uncertain
Those → stash → account
Some fixed-rate savings bonds will let you “drip-feed” cash in – for example, some will let you add money while the account is still open to new customers, while others have a specific “funding window”, which might be a few weeks but can be just a few days.
uncertain
which → fix → window
The cost of living is still a big issue, with many worried about the prospect of higher energy bills this winter – so it could be a mistake to put all your savings cash out of reach.
uncertain
it → worry → reach
Springall suggests spreading your money across fixed-rate products and accounts that are accessible, plus also making use of tax-free cash Isas.
uncertain
that → suggest → Isas
If you are aiming to put some money into savings or switch providers and are not using your Isa allowance at all, you are missing out on valuable tax benefits.
asserted
you → aim → benefits
Rates on fixed cash Isas are often slightly lower than for similar non-Isa accounts, although not always: Shawbrook Bank’s five-year fixed savings bond and five-year fixed cash Isa pay 5.25%.
asserted
bond → fix → %
Every tax year you can save up to £20,000 in Isas, but from April 2027, the rules will change for anyone under 65.
asserted
rules → save → 65
Instead of being able to put all of the money into a cash Isa, that element will be capped at £12,000.
asserted
element → put → 12,000
If you are 65 or over, all £20,000 can still be put into a cash Isa.
asserted
20,000 → put → Isa
The Aporia
