Starling Bank customers must switch to new savings account by February 10 to keep earning interest

Starling Bank customers must switch their funds from current accounts to a new savings account by February 10 to continue earning interest. The bank will stop paying 3.25% interest on current account balances up to £5,000. The new easy-access savings account offers 4% interest on balances up to £1 million. Customers risk earning no interest if they do not make the switch. Other banks are offering higher rates, with some easy-access accounts paying up to 4.85%. Customers may consider moving their savings to these alternatives for better returns.