Savings Accounts
Santander rewards customers with Loyalty Tracker Bond
Santander can confirm the launch on the 2nd August 2010 of a new competitive product, Loyalty Tracker Bond (issue 1), paying 3.00 per cent gross AER and tracking 2.50% above the Bank of England base rate until 1 September 2011, available for customers that have their main current account, mortgage or investment account with Santander or open a new current account and switch through the Account Transfer Service.
Savers urged to check interest rates regularly
UK savers could be missing out on a massive £9.4 billion a year by failing to check the interest rate paid on their savings account and switching to a better deal. moneysupermarket.com, urges all savers to check their rates regularly and take action to ensure their money is working as hard as possible for them.
Santander increases rate on eSaver issue 2
Santander has increased the rate on its eSaver issue 2 for new and existing customers. The account will now pay a highly competitive 2.75 per cent gross/AER with a minimum opening balance of £1 and penalty free instant access available online. The account offers great value for savers looking for a competitive rate without restriction.
Savers get flexibility with Post Office Reward Saver account
The Post Office Reward Saver account offers a competitive 2.5% AER variable rate. The Reward Saver reflects the need for greater flexibility within savings accounts by offering savers two withdrawal options, depending on how quickly they want to access their money.
Charities unhappy with savings account rate
In a quick poll on fairinvestment.co.uk, 62 charities said they were unhappy with their organisation's savings account rate, just four charities said they were happy.
Abbey International lifts 12 month fixed rates to 2.75%
Abbey International has announced that sterling interest rates on its popular 12 month fixed rate contracts are to be increased to 2.75% gross/AER with immediate effect.
Restricted availability on regular monthly savings accounts
There are restrictions on 38% of regular monthly savings accounts meaning that many consumers will not be able to access some of the most competitive deals, according to analysis by Defaqto.
Sainsbury's Finance Easy Saver account rate increased
Sainsbury's Finance has increased the interest rate on its Easy Saver account by 0.2% to 2.7% Gross AER for accounts opened from Friday 25th June.
Skipton launches new 90 day notice account
Skipton International, the Guernsey based savings and local mortgage specialist, has launched a new variable rate savings account targeting both offshore individual savers and business deposit accounts with interest rates of up to 2.25% gross/AER.
Leeds Building Society wins top savings awards
Leeds Building Society has won the awards for the ‘Best Notice Account Provider' and ‘Best No Notice Account Provider' at the prestigious 2010 Moneyfacts awards.
Does it pay to be green?
The BP oil spill in the Gulf of Mexico has already been hailed the worst environmental disaster in US history, once again bringing green issues to the forefront of people's minds.
Compare 2,200 savings accounts with moneysupermarket.com
Comparison site, moneysupermarket.com, has unveiled its new and improved savings channel which now compares all available UK savings accounts - over 2,200 - to help customers find the right home for their money. The new look savings comparison channel can be found by visiting moneysupermarket.com/savings.
Dozen best buy savings deals disappear
Andrew Hagger of Moneynet.co.uk looks at the latest changes in the savings market.
Bonus rates give savers more bang for their buck
Savers are benefiting from the number of easy access savings accounts that are paying bonuses to inflate the headline rates, according to research from moneysupermarket.com.
Sainsbury's Finance two-year fixed rate savings account
Sainsbury's Finance has launched a two-year fixed rate savings account paying 3.55% Gross AER. The Fixed Rate Saver is available for balances from £5,000 to £50,000 and can be opened via online and telephone channels.