People without internet ‘missing out’ on best financial deals

People who do not have access to the internet are missing out on the best rates for financial products, according to Which? A typical online saver could be up to 37 per cent a year better off than someone who was restricted to using branch-based...

People who do not have access to the internet are missing out on the best rates for financial products, according to Which?

A typical online saver could be up to 37 per cent a year better off than someone who was restricted to using branch-based products, Which? said.

The group said the average rate for an instant access account that was available in a bank or building society branch was just 0.56 per cent, compared with 1.14 per cent for online accounts.

The group found that the best online travel insurance deal for someone aged 65 was around four times cheaper than the best deal available in a branch.

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