It is simple, ABC:
- Accuracy – Interest rates are checked multiple times every day, seven days a week, 365 days a year.
- Brevity – Only 10 results in each category.
- Clarity – We let people go direct to each product provider and do not take money for higher listings.
What do we do?
Best Savings Rate has been set up to separate the signal from the noise in the world of savings and investments. With interest rates low, savers and investors have been left with very little options to maximise their hard earned savings and this site is here to help find some other options for people to consider.
We are not Financial Advisers nor do we provide any financial advice. This is our opinion only and if you need financial advice we recommend going directly to the Financial Conduct Authority website to begin your search to find yourself the right Adviser.
You can get advice on finding a financial advisor here. Be advised that financial Advisers will charge you, typically between £100 and £300 per hour depending on your area and their expertise, so it is worth comparing several quotes.
How do we rank the products?
You cannot buy your way to the top of our rankings. We use a number of factors to decide what products to list and one of the main factors we utilise is a Trust Score that we have sourced from publicly available information. This includes sites such as Trust Pilot, Feefo, and Google Reviews. This feedback is difficult to ‘game’ especially when the volume becomes large and can be a good reflection of a customer’s experience with a product.
Are we invested in any of the products we display?
Yes. Some of them we have as individuals invested in. It was how the site was first born, from the frustration of having a confused market place with very little clarity. Our own research is now available for you to see.
How do we make money?
We send one carefully curated email to hundreds or thousands of our users every month with an update of our best savings rates product list for that month. This email is sponsored by either a product or a provider and we make that relationship very clear on that email.
Our data is never sold, rented or given out. We respect your privacy and if you choose to transact with the sponsor of the email that is your prerogative as the customer.