Savings schemes boost interest rates by 0.25%

Leeds & Holbeck Building Society applied the full rate increasing the rate on its online saver account to 5.30%; Saga Secure Savings Account increased its rate to 4.75%; Abbey has applied the 0.25% adjustment across all its accounts and has increased by 0.5% the rates on its Monthly Saver account to make the full interest 5%; The AA has increased to 5.36% the rate on its Telephone Savings account. Moneyfacts meanwhile has highlighted fixed rate mortgages on the market, including Northern Rock’s 2.49% for just over two years, but with redemption penalties for the first seven years...