Savings Accounts

Not tonight darling, I’m banking online

Millions of Brits are quite literally losing sleep over their finances by banking online late into the night, according to new research from Abbey. Far from being a chore or even a bore, more than half of online bankers (53 per cent) are logging on at least every other day to keep an eye on their wealth, with many logging choosing to log on well into the wee hours.

West Bromwich launch Premier Bonus Tracker savings account

Commenting on the launch of West Bromwich Building Society’s Premier Bonus Tracker savings account, Kevin Mountford, head of savings at moneysupermarket.com,said: “The rate war is alive and kicking in the savings market!

Bonus 60 becomes Bonus 30

With effect from Wednesday 21 November 2007, Nationwide Building Society will be improving its branch-based Bonus 60 account by reducing the notice period from 60 days to 30 days.

Skipton’s Christmas account is saver’s little helper

Nearly 10,000 people will find it easier to pay for Christmas this year because they opened a Christmas Saver Account with Skipton Building Society.

Coventry cuts through confusing T&Cs

There is growing criticism of saving accounts that erode headline grabbing rates with ‘so-called’ restrictive terms and conditions.

When's easy access not so easy?

Six of the top ten easy access savings accounts carry punitive measures for savers who want to withdraw any of their cash, meaning savers need to carefully check the underlying terms and conditions before they deposit their hard-earned cash.

Bradford & Bingley launches My Time Postal Account

Bradford & Bingley has launched the My Time Postal Account, an easy access postal account that offers a market-leading rate of 6.30% gross p.a/AER.

Alliance & Leicester launches new internet savings account

Alliance & Leicester has launched eSaver, a new highly competitiveinternet only savings account paying 6.50% AER (6.31% gross).

Scarborough re-launches popular savings account

Scarborough Building Society is encouraging people to plan early for Christmas 2008, and avoid borrowing to pay for it.

It’s not all good news for savers

Halifax has announced that it is reducing its core savings rates by up to 0.25%. Rachel Thrussell Head of Savings at Moneyfacts.co.uk the leading independent financial comparison site comments: “Whilst we have seen the launch of some competitively priced savings products this week, Halifax has bucked the trend by cutting rates on its core range.

moneysupermarket.com: new savings accounts

Commenting on the launch of a range of new savings accounts this week, Kevin Mountford, head of savings at price comparison site moneysupermarket.com, said: “It has been a bumper week for savers, who now have two new market leading savings accounts to choose from –