Welcome to your guide on how to celebrate in the face of those pesky rising interest rates. While those renewing mortgages & loans might be reaching for tissues, those with savings are breaking out the party poppers!
Why, you ask?
Because if you’re one of those lucky ducks with a bank account positively brimming with moolah, it’s time to make those interest rate hikes work for you, not against you!
Ditch the Old, Embrace the New
Right now, your money might be languishing in your current account, twiddling its thumbs. It’s time to shake things up a bit. With a simple shimmy over to a business savings account, your money can become a master of productivity, working up a sweat and earning interest while you sip a piña colada on the beach (or, more likely, a cup of tea in front of the telly).
Savings on Tap – The Choice is Yours!
Are you an “I-need-it-now” type of saver or can you squirrel away your nuts for a season or two? With business savings accounts, you have the option for easy access or fixed-term deposits over 6 or 12 months. The interest rates on offer are, ranging from 3% to 4.5%, with a £1,000 minimum deposit!
Swoop to the Rescue
If all this talk of transfers and interest rates has you reaching for a soothing cuppa, don’t fret. Our buddies over at Swoop are like financial fairy godparents. They’re here to guide you through the process of setting up your business savings account, armed with a treasure trove of advice on where to find the best rates.
This isn’t a magic trick or a complicated dance routine. It’s as straightforward as tying your shoelaces.
Let’s Get Started!
Ready to put your money to work? Interested in shaking hands (metaphorically, of course!) with our friends at Swoop? Just let us know! They’re chomping at the bit to help you harness the power of these interest rate hikes and guide you towards a more prosperous future. Let’s turn that rate frown upside down, together!
Drop us an email to hello@pinkpigfinancials.co.uk and we’ll get the ball rolling.
Not already a PPF client and interested in working with us? Head over to our Get Started page and complete our quick questionnaire.