GB Bank has raised the interest on its easy access savings account to 4.75 percent, earning an “excellent” Moneyfactscompare rating.

Easy access accounts are typically more flexible, allowing savers to make payments and withdrawals with minimal restrictions and small opening deposit requirements.

In the current high cost-of-living environment, a survey by Hodge found that more than half of respondents have had to dip into their savings for everyday expenses, making these accounts…