RSS Feed

Savings Accounts

£3 million already saved for Christmas 2010

With 339 shopping days until Christmas, Yorkshire's members have already saved over £3m in the Society's Christmas Saver account which pays a fixed interest rate of 3.50% gross/AER.

Inflation increase is a kick in the teeth for savers

Today's announcement by the Bank of England on the biggest increase in inflation since records began spells bad news for savers with only a handful of savings products now paying high enough interest to offset the effects of inflation.

Building societies triumph again in consistency survey

Building societies have once again dominated the first Moneyfacts consistency survey of 2010, with 72.5% of all accounts listed as performing consistently.

A headache for savers as CPI begins to spiral

The consumer price index again rose sharply to 2.9%, spiralling above the Government's target of 2% for the first time since May.

NatWest launches Navigator Structured Deposit Account

NatWest International Personal Banking (IPB) has launched the Navigator Structured Deposit Account, designed to capture growth in bull and bear markets.

Abbey International launches Fixed Rate Deposit paying 3.60%

Abbey International has launched a new Limited Offer 18 month Fixed Rate Deposit contract paying 3.60% gross/3.57% AER.

Savers urged to vote with their feet

Savers in some of the best easy access savings accounts are being warned to check when their deal comes to end, or risk losing out on up to £86 in interest, according to experts at moneysupermarket.com.

Abbey and B&B savings to be rebranded as Santander

Commenting on the confirmation that 1,000 Abbey and Bradford & Bingley branches will be rebranded to Santander by the end of this month, starting in London on Monday, Kevin Mountford, head of banking at moneysupermarket.com, said:

Coventry 1st Class Postal account issue 3

Coventry Building Society has launched the third issue of its popular 1st Class Postal account, offering a market-leading rate for savers plus the flexibility of easy postal access.

NatWest Sectors Structured Deposit Account Issue 3

NatWest International Personal Banking (IPB) has launched Sectors Structured Deposit Account Issue 3, building on the success of previous Sectors accounts issued in 2009. The Sectors account enables customers to have both security and potential growth through the diverse green or UK business sectors.

Banks push to become one-stop shops

Banks are increasingly focussing their sales efforts on their existing customers as they seek to cater for all their customers' financial needs.

Yorkshire launches savings account paying 3.50%

Yorkshire Building Society is launching a 2010 Christmas Saver account paying a fixed interest rate of 3.50% gross/AER, aimed at helping people spread the cost of next year's festive season.

HSBC announces 2010 annual sale

HSBC announces details of its sixth annual sale, which goes live online and in branches from today, 4 January, and includes some great offers for everyone making New Year resolutions for their finances.

Boys and girls in London are UK's biggest savers

Children in London have the highest average savings balances in the UK, according to research based on savings accounts held with the Halifax.

Nationwide increases Champion Saver rate

Nationwide Building Society has announced that the interest rate of its Champion Saver account will increase to 2.69% gross p.a/AER for balances over £1,000 from 1 January 2010.