Savings Accounts
2010 The Year of Tax
With the New Year almost upon us and people starting to think about their New Year's resolutions, Fidelity International is urging the nation to make a pledge to get to get tax savvy.
Parents borrow from kids’ savings
More than one in five parents have been borrowing from their children's savings account, with 44% of them borrowing between £200 and £500, the majority taking money over five months or less it was revealed today.
Cheshire Building Society upgrades Postal Account
Cheshire Building Society has increased the rate on its recently launched 30 Day Postal Saver Account.
Top savings deals withdrawn
2009 appears to be ending in a similar fashion to 2008 for savers, with many top deals being withdrawn or having rates reduced.
Leeds online easy access account paying 3.05%
Leeds Building Society has re-launched its easy access online account paying a market leading variable rate of 3.05%. Furthermore, the online account also allows unlimited withdrawals at any time, without notice or penalty.
Fixed rate savings best buys vanishing fast
Andrew Hagger of Moneynet.co.uk looks at the latest developments in the fixed rate savings market.
Nationwide increases rates for Base Rate Tracker Premium account
Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced details of new rates for its Sterling Base Rate Tracker Premium account.
Ascentric 30 day Notice Account from Investec Private Bank
Independent wrap Ascentric has announced the launch of a 30 day Notice Account on its platform. The deposit account is provided exclusively for Ascentric users by Investec Private Bank.
Sainsbury's Easy Saver to pay 2% over base for 12 months
Only one in six (17%) easy access savings accounts offer a rate guarantee, according to research from Sainsbury's Finance. Furthermore, only 5% (24 accounts) promise to pay a rate above the Bank of England bank rate.
Ensure your savings are inflation proof
Inflation rates have increased for the first time since February this year; moneysupermarket.com warns savers to make sure their savings work hard for them by checking their savings products' rates do not get eaten away by inflation.
Don't let savings languish in a sub standard account
Andrew Hagger of Moneynet.co.uk looks at the rates offered to savers in light of the latest inflation statistics.
Choosing the best way to donate to charity
Next Friday sees the return of Children in Need, prompting the nation to think about how it can help others.
Cheshire BS unveils new postal account
The 30 Day Postal Saver Account offers a bonus rate of 3.00% gross p.a./AER including conditional bonus (variable) on a minimum deposit of £1,000 for the first 12 months providing a minimum balance of £1,000 is maintained and no more than four withdrawals are made during the first year.
New Protected Capital Account now available from Zurich
Available immediately, but only until 20 November 2009, the Zurich Protected Capital Account 2 (PCA 2) which runs for five years, offers intermediaries and their clients the potential to benefit from the growth of 15 of the largest companies from the FTSE 100 index whilst protecting the client's original capital investment.
Building societies offer most consistent savings accounts
October 2009's Moneyfacts Consistency Survey has once again seen building societies dominating the results. Today, building societies offer customers 77% of the most consistent savings accounts in the marketplace.