Building Societies Dominate Moneyfacts’ Most Consistent Savings Reports

The newly launched Moneyfacts most consistent savings reports show building societies lead the way in offering high savings rates over the long term.  The quarterly reports feature products and providers offering the best value over the last 18 and 36 months, with building societies currently accounting for over 70% of the accounts listed.

Commenting on the reports, Adrian Coles, Director-General of the BSA said
“What customers want from their savings is a good rate of interest that doesn’t disappear a few months later.  It’s easy to launch a product with a headline-grabbing rate, but how long will it last?  Building societies realise that their members want more than this and offer some of the most competitive savings products around, as the Moneyfacts reports show.”

The latest Moneyfacts consistent savings report can be viewed here