Many UK banking customers could be around £926 better off this time next year just by moving some money around.
With the average amount held in a UK savings account currently standing at £17,365, this would mean a total of £926.64 in interest after twelve months - just for having your money in the account and not making any withdrawals over the year.READ MORE: HMRC giving up to £900 to those with certain pay slip codes
You also can't open the account jointly with another person, and funds must be deposited within 14 days of the account opening. No further deposits can be made during the fixed period.
Source: Financial Digest (financialdigest.net)
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