Bank account: You could get a 1.25 percent interest rate – check eligibility now | Personal Finance | Finance


With many savings accounts offering particularly low returns, it may prove a challenge to find a suitable option.

However, there are still choices left on the table which could help savers who are hungry for a good deal.

One is offered by Chip, a smartphone banking app, which is continuing to offer a competitive interest rate of 1.25 percent.

The provider explains: “Chip+1 is our new account paying the market’s best return 1.25 percent on savings up to £10,000 – fees apply – or £2,000 – free plan.”

READ MORE: State pension warning as many Britons missing out on extra £4,659

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