Bank account holders were warned by Martin Lewis as the popular savings account was slashed this month

Martin Lewis has issued a warning to Santander customers and bank account holders as the bank is set to cut the rate on its popular easy-access savings account

The savings account was 'unbeatable' at the time of its launch in September 2023 - but once the rate is lowered to 4.2%, it will 'easily' be possible for many to beat this elsewhere.