Financial journalists (me included) are forever nagging readers to keep an eye on their saving accounts and to move money around depending on rates.
We all know that bank profitability is intimately linked to client inertia: we put our money into an account we think is paying 3.5%; they wait until we aren't looking any more and cut the rate to 0.1%. But the sad truth is that we all hate admin. Moving bank accounts may take a tiny amount of time relative to the return we will get from it but it is still insanely boring.
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