Best inflation-beating savings accounts as millions miss out

UK inflation rose to 2.6% in November, posing a threat to savings accounts as millions of Brits still keep their money in low-interest options. However, there are currently 1,582 savings accounts available that beat inflation, with top deals from Atom Bank, RCI Bank UK, Al Rayan Bank, and others, offering rates up to 4.92%. Cash ISAs also offer inflation-beating interest rates, with options from Moneybox, West Brom BS, and more providing rates as high as 4.55%. It is crucial for savers to take advantage of these competitive rates to protect their savings from inflation erosion.

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