Savings Accounts
Scarborough launches new tracker savings account
Scarborough Building Society has launched a new tracker savings account offering the combined benefits of a competitive, variable starting rate and guaranteed returns for the next two years.
Loyalty can pay if the account is right!
Michelle Slade,analyst at Moneyfacts.co.uk, comments: “The savings market at the moment is a hotly contested arena. The credit crunch has seen institutions upping their game and launching products offering fantastic rates.
Coventry launches 50 Plus Notice account
On Thursday 20 March, Coventry Building Society will be extending its highly successful Sixty-Plus Notice account to the over 50s.
MoneyExpert.com: Birmingham Midshires Egg-beating savings account
Sean Gardner, Chief Executive MoneyExpert.com said: “With Birmingham Midshires launching an account guaranteed to be 0.5% above Egg’s best offer the knives are clearly coming out in the savings market.
Re-launch of Coventry Building Society’s 50 Plus Esave account
Commenting on the re-launch of Coventry Building Society’s 50 Plus Esave account, Sean Gardner, Chief Executive of MoneyExpert.com, said: “The 50+ market has seen some much-hyped current account activity recently but the savings side has been pretty dull.
50 Plus eSave is back
On Wednesday 27 February, Coventry Building Society will be re-launching its highly successful 50 Plus eSave account.
Savers passing up interest by the book
Customers who insist on a passbook with their saving account are receiving an average of 0.5 per cent less on their cash, according to analysis by MoneyExpert.com.
Tesco Savings offers up to 2,000 Clubcard points
New customers who open an account with Tesco Savings between February 7 and April 2 will receive up to 2,000 bonus Clubcard points. The points can be used to buy up to £20 worth of shopping or up to £80 to spend on Tesco Clubcard deals.
Abbey increases rate on eSaver direct account
Abbey Savings increases its eSaver Direct account rate to a leading 6.50 per cent gross –including a bonus of 0.50 per cent for 12 months from the date of opening. After 12 months the rate reverts to 6.00 per cent.
At last, good news for savers
Only five days after the bad news that Barclays had reduced its savings rates again, today we will see the launch of a great new instant access savings account from West Bromwich BS.
A&L offers fixed rate savings account combined with portfolio bond
Alliance & Leicester has launched a new great rate of 8.00% per annum gross (5.15% AER) on their one year Fixed Rate Savings Account, available when investing in the Balanced Savings & Investment Plan.
Have saver will travel
Yorkshire Building Society has announced a new tiered Bank of England (BoE) tracker savings account aimed specifically at the over 50’s savings market – the Advantage 50+ Saver.
The Nottingham launches new postal account
New savings account offering a market-leading interest rate of 6.40%, has been launched by The Nottingham, one of the UK’s leading regional building societies.
Fixed rate savings best buys – blink and you’ll miss them
As fixed rate savings continue to fall, Rachel Thrussell head of savings at moneyfacts.co.uk looks at what this sector of the savings market still has to offer.
NS&I interest rate reductions
NS&I (National Savings and Investments) will be decreasing the interest rates on a range of its fixed rate savings offers by up to 0.50% per annum on 23 January 2008.