Savings Accounts
Alliance & Leicester launches new RewardSaver account
Alliance & Leicester Savings is launching a new, branch-based account, RewardSaver, on 3 December, which is designed to offer a competitive return for lump sum savers.
Savers look for flexibility as well as returns
Whilst a good rate of interest is the most important factor cited (92%), there is division when it comes to other features, according to research from Alliance & Leicester Savings.
Close Brothers’ Close Treasury Premium Gold Account
Sean Gardner, MoneyExpert.com, said: "This account looks good on paper. If you've got £10,000 or more then seven per cent is an attractive rate and difficult to beat at the moment. The average rate on fixed term accounts is 5.25 per cent so it's a competitive option.
Abbey launches First Home Saver account
Abbey is launching the innovative First Home Saver (Special Issue 1) account aimed exclusively at helping first time buyers save up a deposit for their first home. The First Home Saver (Special Issue 1) offers a market leading eight per cent AER for first time buyers aged between 16 and 35 saving for a home.
Start saving now for Christmas 2009
Skipton Building Society has announced the launch of a new issue of its Christmas Saver Account on 3 November 2008.
Sleep Easy account offers a ‘best buy’ rate
From today UK savers will be able to take advantage of the ‘best buy' rate being offered by the Sleep Easy Saver account.
First class postal savings from the Coventry
On Friday 31 October, Coventry Building Society launches the second issue of Sixty-Plus PostSave - its highly successful postal account exclusively for the over 60s.
Newcastle launches Inflation Protector Investment account
Newcastle Building Society is offering savers the opportunity to protect their savings against the effects of inflation with the launch of its new Inflation Protector account.
Sainsbury's Internet Saver offers 5% without withdrawal penalties
Over 13 million people claim to have £165 billion worth of savings in accounts that impose penalties if withdrawals are made, according to research from Sainsbury's Finance. In addition to this, 5.86 million people claim to have money in these types of accounts but don't know how much.
The Nottingham launches Sleep Easy Saver account
A new account for savers keen to benefit from an attractive rate of interest and capitalise on a loyalty bonus, has been launched by The Nottingham - one of the UK's leading regional building societies.
Beware the temporary bonus
As providers compete for saver's cash, more and more tempting bonuses are being added to easy access accounts to create temporary table topping rates.
A&L increases interest rate on online tracker savings account
Alliance & Leicester increases the interest rate on its online tracker savings account to 6.30% AER. Hetal Parmar, Manager for Savings at Alliance & Leicester, said: "I am delighted to announce these changes to our Online Tracker account;
Egg launches introductory savings offer
Egg, the online bank, is offering a new rate on its internet Egg Savings Account. For just £1, savers can earn up to 6.55% AER (variable). This includes a variable bonus rate of 1.80% gross pa for the first 12 months from account opening.
Coventry's 50 Plus eSave remains fixed at 6.25%
Coventry Building Society, the fourth largest building society in the UK, announces its best buy 50 Plus eSave account will remain fixed at 6.25%.
Icesave owner Landsbanki enters receivership
Iceland's banking system has become the first to crumble under the financial turmoil that is currently sweeping the globe.