Barclays customers have been issued a warning as an expert has said that using the wrong account for savings could lead to a potential loss of £1,300 People chosing the wrong savings account could see a massive hit in spending power (Image: Images By Tang Ming Tung via Getty Images)

Barclays customers have been issued a stark warning, with an expert cautioning that using the wrong savings account could result in a potential loss of £1,300. ‌

Anna Bowes, a savings specialist from The Private Office, warned that July's unexpectedly high inflation rate of 3.8 per cent - announced last week - could mean savers miss out significantly on their hard-earned cash. ‌

Speaking to Sky News , she explained that those with standard open savings accounts could be hit hard by rock-botto

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