Savings Accounts

Credit crunch fails to spur savers into action

Savers are missing out on roughly £8bn every year in interest by leaving their hard-earned cash in accounts which pay interest rates well below the base rate, according to a new study by the Post Office.

Web of intrigue as internet savers lose millions

The Big 5 High Street banks are offering "dial-up" internet savings rates in a "broadband" market, according to research from Skipton Building Society.

Coventry's 50 Plus eSave rate increased

Coventry Building Society is increasing the rate on its best buy 50 Plus eSave account with effect from Wednesday 4 June.

Tesco increases Internet Saver account interest rate

Tesco is increasing the rate on its Internet Saver account to 6.25% Gross/ AER for new customers. The rate includes a bonus of 1.50% AER.

Investec Private Bank's High 5 Account change

MoneyExpert.com welcomes move to reduced notice period on High 5 Account from 12 months to three.

Coventry increases rate on 50 Plus eSave account

Coventry Building Society is increasing the rate on its 50 Plus eSave account with effect from Friday 16 May.

Egg introduces a limited savings offer

Egg, the online bank, is offering a fixed 12-month introductory rate of 6.05% gross pa/AER on its Egg Savings Account (Internet). The introductory rate is available for new money for both new and existing customers.

Halifax increases Web Saver Extra rate

Halifax today (Friday 9th May 2008) announces that it has increased the rate for its Web Saver Extra account to 6.35% gross (6.07% AER). This includes a 0.35% gross bonus until 18th July 2008.

Saving for a rainy day

Chelsea Building Society has announced the launch of Rainy Day Savings (3rd Issue) from Thursday 8 May 2008.

Bradford & Bingley launches new notice accounts

Bradford & Bingley is bucking the current trend for instant access accounts and fixed rate bonds in the savings market with the launch of two market-leading notice accounts, paying up to 6.30% AER and ideal for savers who want to keep their savings at arms' length but retain the flexibility to access their money if they need to.

New Saga online top 5 tracker account

Saga Personal Finance has announced the launch of a new online saving account guarantee that offers savers the reassurance that the rate on their savings will not be more than 0.25% AER below the average of the top 5 variable internet accounts, currently 6.25% Gross (6.43% AER).