Barclays customers could get 5% interest rate on easy access savings – are you eligible?

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The bank’s Monetary Policy Committee (MPC) is set to make its next decision on its base interest rate on Thursday December 15.

If someone has a balance of over £100 in their Rainy Day Saver account then Barclays will inform them at least 14 days before they lower the interest rate.

However, if someone has below £100 in savings, according to Barclays’s terms and conditions, the bank does not need to tell someone about the change.

To be able to get the Rainy Day Saver account, people must be a member of the Barclays Blue Rewards club which is an optional current account add-on and costs savers £5 a month.

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