Savings Accounts

Bradford & Bingley has launched the What If? Saver (Special Edition), an attractive instant access savings account with an enhanced variable rate of 6.25% p.a. gross (5.75% AER), further increasing the bank’s highly competitive savings range.

Neville Richardson, Group Chief Executive of Britannia, said: "Getting on to the property ladder is not just about choosing the right mortgage; it's also about saving money for a deposit and making the right lifestyle choice.

Following today’s base rate reduction, the interest rates on many top paying variable savings accounts in the market place will be cut.

UK adults will spend an estimated £11.92billion on presents this Christmas, according to Halifax, UK savings provider.

From 17 December, Abbey has a great new offer on its 11-15 and 16-18 youth accounts, paying 6 per cent interest on balances up to £500. All 11-15 year olds need to do is credit the account each month with at least one payment of any amount.

Wales’ largest building society, Principality, is pleased to announce an increase to the rate paid on its flagship e-SAVER account.

Following recent changes in the Internet savings market, cahoot has decided to increase the rates on the cahoot savings account.

Millions of Brits are quite literally losing sleep over their finances by banking online late into the night, according to new research from Abbey. Far from being a chore or even a bore, more than half of online bankers (53 per cent) are logging on at least every other day to keep an eye on their wealth, with many logging choosing to log on well into the wee hours.

Commenting on the launch of West Bromwich Building Society’s Premier Bonus Tracker savings account, Kevin Mountford, head of savings at moneysupermarket.com,said: “The rate war is alive and kicking in the savings market!

With effect from Wednesday 21 November 2007, Nationwide Building Society will be improving its branch-based Bonus 60 account by reducing the notice period from 60 days to 30 days.

Nearly 10,000 people will find it easier to pay for Christmas this year because they opened a Christmas Saver Account with Skipton Building Society.

There is growing criticism of saving accounts that erode headline grabbing rates with ‘so-called’ restrictive terms and conditions.

Six of the top ten easy access savings accounts carry punitive measures for savers who want to withdraw any of their cash, meaning savers need to carefully check the underlying terms and conditions before they deposit their hard-earned cash.

Bradford & Bingley has launched the My Time Postal Account, an easy access postal account that offers a market-leading rate of 6.30% gross p.a/AER.

Alliance & Leicester has launched eSaver, a new highly competitiveinternet only savings account paying 6.50% AER (6.31% gross).