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Saving4 min read

Stop your savings quietly losing value

Inflation is the rate at which prices rise. If your savings earn 1% but prices rise 3%, your money buys less each year — it's losing value even though the balance looks the same.

Check your rate

Many high-street accounts pay far below the best available rates. Moving to a top account can lift your interest several times over, with the same instant access.

It takes about ten minutes to switch, and on a few thousand pounds it can mean hundreds more each year — money you're currently leaving on the table.

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A free account lets Blooom show you where this applies to the accounts you actually hold.

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4 min left

This guide is general financial education, not personal advice. Always do your own research, and consider speaking to a regulated adviser for your specific circumstances.