Savings Accounts
Savers expect interest rates to rise
Figures from Santander Savings' latest quarterly savings barometer - Savings Snap Shot - reveal that seven in 10 (68 per cent) of Britons are expecting the Bank of England base rate to increase over the next twelve months. In fact, 11 per cent people predict an increase from the current rate of 0.5 per cent up to 2 per cent or higher.
Brits without internet missing out on the best rates
The four million Britons who don't have internet access are missing out on the best rates for financial products, according to an investigation by Which?
Sterling, Dollar, Euro rates all raised again by Abbey
Hot on the heels of the Bank of England’s decision to hold UK Base for a record eighteenth month, Abbey International, the Jersey-based subsidiary which is part of the global division of Santander Private Banking, has announced that sterling interest rates on its popular 12 month fixed rate contracts are to be increased to 3.00% gross/AER with immediate effect.
Leeds extends London instant access account
Leeds Building Society, which launched the exclusive and market leading London Instant Access Account paying 2.55%, has extended its availability.
Changing face of savings spotlight on current accounts
There was a time when consumers looking to put money aside were spoilt for choice, but in the current climate of low Bank of England base rate and high rate of inflation, savers will struggle to generate any decent returns.
When savings rates are so low, remember the flipside
The average rate on a no notice savings account is currently a pitiful 0.74% which is almost three per cent less than the average just two years ago. But on the flipside, mortgage rates are also riding low -in 2008 the average tracker rate was 6.28%, now, it is 3.61%.
Brits dip into savings as inflation continues to bite
A poll on moneysupermarket.com, shows that consumers are having to dip into their savings pots as the UK continues to feel the pinch because of high inflation.
Abbey reports strong take up of medium term fixed rate accounts
Abbey International has reported strong levels of interest in its latest round of medium term fixed rate accounts over both three and five year terms.
Charities unhappy with savings account rates
Charities are wholeheartedly unhappy with the savings account rate being offered by their current provider.
Skipton launches new notice accounts and ISAs
Skipton Building Society has announced a refresh of its savings products. The introduction of new notice accounts and ISAs, and the removal of a number of old products will make it easier for customers to find the products best suited for their financial needs, whilst offering long term value.
Kick off this season with 'premier' deals
With the football season upon us, many fans throughout the UK will be looking forward to donning their team's colours and many will be tempted into opening club branded credit card or savings accounts in order to help their teams.
Loyal football fans forgo better cash returns
Andrew Hagger of Moneynet.co.uk looks at how football clubs continue to benefit from the savings habits of their devoted fans.
New stock market linked savings account from HSBC
HSBC has introduced a new savings account that could give an 18 percent return on investments over 3 and a half years if the stock market doesn't fall.
Leeds Building Society London Instant Access Account
Leeds Building Society has launched an exclusive market leading savings product through its London Branch.
Abbey International offers new range of Premium Notice Accounts
Abbey International, part of the Global Division of Santander Private Banking, has announced the launch of a new 180 day notice option to its Premium Notice account range.