Savings Accounts
Saving rates and number of accounts plunge as a result of FLSNew research from Moneyfacts shows that the number of savings accounts available has fallen by 15 per cent this year as the Bank of England's Funding for Lending Scheme means banks do not have to rely on savers deposits. |
Post Office unveils Premier Cash Isa and Reward Saver productsThe Post Office has unveiled two new savings products that both pay 2.25 per cent. Its Premier Cash Isa and Reward Saver are both available immediately. |
The top ten easy-access savings accounts for 2012Myfinances.co.uk runs down the top ten easy-access savings deals currently available with or without bonus rates. the Funding for Lending Scheme is reducing rates. |
NS&I cuts rate on Direct ISAAround 300,000 savers will be affected by National Savings & Investments decision to cut the rate on its Direct ISA from 2.50 per cent to 2.25 per cent. |
Leeds BS launch new savings account paying 3.0% interestThe Leeds Building Society has launched a new savings account that pays 3.0 per cent interest including a bonus rate of 1.65 per cent until 31st October 2013. |
Treasury plans to launch simple financial productsThe Treasury is looking at developing a range of simple financial products with the same terms and conditions to encourage people to save and switch to better deals. |
Santander launch range of savings bonds paying up to 3.50%Santander has launched a range of one and two-year savings bonds paying up to 3.50 per cent. |
Austerity and low interest rates mean Brits saving lessBelt-tightening Brits are saving 13 per cent less than a year ago, with one in four people saving nothing at all, latest research shows. |
Clydesdale and Yorkshire Banks to launch children’s saversClydesdale and Yorkshire Banks are to release two new savings accounts for children. The Headstart and Jumpstart Savers will be available from Monday July 2. |
7m Brits have lost track of their savingsOne in six UK adults – around 7.7 million people – have lost track of their investments and savings accounts, new research shows. |
Leeds BS relaunches unlimited access postal accountLeeds Building Society has brought out a new version of its Unlimited Access Postal Account, paying a current best buy rate of 2.75 per cent gross p.a./ AER. |
Inflation drop ‘good news for UK savers’April’s dip in inflation to three per cent, down from 3.5 per cent in March, is a welcome boost for savers as 46 saving accounts on the market now beat inflation. |
Loyalty costing consumers £780 a year, site warnsConsumers would be better off mixing and matching financial products rather than sticking with the same provider for everything, according to MoneySupermarket. |
Sainsbury's ups rate on eSaver Special savings accountSainsbury's has announced an increase in the rate applied to its eSaver Special easy access savings account from 2.75 per cent to 2.90 per cent. |
Principality launches e-SAVER 5 with 3.01% interestPrincipality Building Society unveiled the latest edition of its e-SAVER account today, offering savers a 3.01 per cent return for the first 12 months. |
Islamic Bank savings account offers 4% returnIslamic Bank of Britain is offering savers a four per cent return on money deposited within the first 60 days of opening a new 120 Day Notice Account. |
Derbyshire BS launches new issue of NetSaver paying 2.95% interestThe Derbyshire Building Society, part of the Nationwide Group has unveiled a new issue of its NetSaver account that pays 2.95 per cent gross p.a. AER. |
Skipton BS launches regular saver paying 5%Skipton Building Society has unveiled a limited edition regular saver account with a five per cent return in a bid to help savers beat low interest rate gloom. |
Yorkshire BS unveil new savings bond that pays 3.40%The Yorkshire Building Society has unveiled a new savings bond that pays 3.40 per cent gross/AER. |
Homeowners advised to pay down mortgage debt rather than savePeople with mortgages can save thousands of pounds by overpaying on their mortgage rather than saving money in a low interest savings account. |
Six current accounts that offer the best switching dealsThe current account market has opened 2012 with some fierce competition and the opportunity to take advantage of some great deals. Kate Saines selects six of the best. |
Skipton brings back popular savings accountsTo help its customers build up a nest egg for the future, Skipton Building Society has announced that it has brought back two of its most popular savings accounts. |
Post Office launches new issue of Reward Saver accountA new issue of the Post Office's Reward Saver account has been launched today (January 9th 2012) that could offer real benefits to savers. |
The West Brom encourages Christmas saving for 2012Christmas may only have just ended, but the West Brom building society is encouraging customers to start saving for next year's festivities. |
Yorkshire Building Society launches new savings bondYorkshire Building Society has announced that a new savings bond is to be launched today (December 30th 2011) as an addition to its existing fixed term portfolio. |
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