More good news for savers as Marcus raises its rate again to 1.5%

Marcus by Goldman Sachs is boosting savings account rates for the fifth time this year.

From BBC World News Today, the interest rate on its Online Savings Account and Cash Isa will rise from 1.3 per cent to a competitive 1.5 per cent.

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This is the on the market and among the . Existing customers will automatically get the new deal.

Rising rates: Existing customers will automatically get the new deal

Rising rates: Existing customers will automatically get the new deal

Both accounts also include a 12-month fixed-rate bonus of 0.25 per cent, which has not changed since it was raised in June.

Marcus is also increasing the interest rate on its 1 Year Fixed Rate Saver from 2 per cent to 2.2 per cent.

To open an account, customers need just £1 and can save up to £250,000. You can save up to £20,000 into an Isa each year.

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