Savings Accounts

As interest rates hit 5.5 per cent, the Post Office reveals that savers are missing out on millions of pounds in interest by sticking with accounts that fail to pass on rate increases.

Chelsea Building Society has launched a new range of Fixed Rate Options, which includes a new 1 year, 2 year and ClicknSave Fixed Rate Option effective from Saturday 5 May 2007.

Alliance & Leicester’s popular Premier Regular Saver account is back for a limited period only. The account paying 12% pa gross/AER will be available to customers opening an Alliance & Leicester Premier current account, from Tuesday 1 May 2007.

AA Savings has launched issue three of its online easy-access 12-month bonus account, offering a best-buy 5.61 per cent gross/AER interest rate.

Scarborough Building Society has launched another issue of its Click & Save account as customer demand shows no signs of abating.

This time last year Gnarls Barkley was topping the charts with his record breaking song “Crazy”.

For a limited time only, Tesco Savings is rewarding new customers with 1,000 free Clubcard points when they open an Instant Access Savings Account.

Sainsbury’s Bank urges savers to continue to shop around for competitive rates of interest from their savings accounts. New research from the bank reveals that there is huge disparity across the board with 16% of banks and building societies still offering savers derisory rates of less than 2% Gross AER.

Leeds Building Society’s Regular Saver allows customers to benefit from a fantastic rate of 5.40% gross p.a./AER by investing as little as £20 per month.

Increase your savings interest rate by up to 4.81% by saving online says moneyfacts.co.uk.

Huge gap between e-savings and traditional High Street products boosts lenders’ profits, reports Moneynet.co.uk.

Halifax will launch in May a Christmas Savings Account aimed at low income households.

Leeds Building Society has launched a fifth issue of the popular Saver Access Plus, combining a great rate of interest with instant access.

Leeds Building Society has increased the maximum monthly investment on its Regular Saver account from £500 to £1,000.

The range includes a new 1 Year, 2 Year and ClicknSave Fixed Rate Option effective from Wednesday 7 March 2007.