Banks and building societies desperate to pull in our savings are using every marketing trick in the book to make it into best-buy tables. In an attempt to make rates look sufficiently attractive, they have launched a string of accounts in the past few weeks with top rates of interest of 3.2 per cent (2.56 per cent after basic rate tax is deducted). But stringent rules on how you can use your account mean you could miss out on the top rates. Among the latest tricks is to offer a bonus — but it is paid only if you keep your easy access account open for a year.

Another ruse is to stop you adding more money to your easy access account once it has been closed to new savers. Or the bank will reserve the right — once it’s got your money, of course — to change the bonus rate it pays during the year.

The restrictions have led experts to warn savers to look carefully at how an account works before...Read more here--> Beware the high rate offers with very low tricks