There’s an innocent-sounding phrase that should get savers' alarm bells ringing: ‘ask in branch for details’.
It used to be that banks would trumpet their Isa rates. They’d boast of them in newspaper and online adverts and on posters in bank branch windows (back when there were bank branches).
But this year rates are so pitiful that it seems even providers are embarrassed to admit them. The poster below, currently pinned up in Post Office branches, is typical.
So far gone are the days of posters with massive percentage signs that this one doesn’t even mention the available interest rates in the small print. Only if you ask specifically will they admit what rates they’re offering.