Savings Accounts
Scarborough launch tracker savings account paying up to 6.30%
Scarborough Building Society has launched a tracker savings account paying competitive rates of up to 6.30%.
Brits put £49bn aside for a rainy day purchase
Summer may have been a washout, but 14 million super saving Britons won’t be fazed since they have plenty of money stashed away to make a rainy day purchase - some £49 billion in total.
Abbey extends bonus period for new customers on 50+ Saver Account
From 1 October 2007, Abbey is extending the bonus period on its highly popular 50+ Saver account due to ongoing strong demand for the product. This is to ensure that new and existing customers continue to benefit from an attractive bonus period.
Double your reason to save at Chelsea
From Saturday 29 September 2007 there are twice as many reasons to open a savings account with Chelsea, the UK’s fifth largest building society.
Coventry extends esaver account to over 50s
Commenting on Coventry Building Society extending its esaver account to the over 50s, Kevin Mountford, head of savings at price comparison site moneysupermarket.com, said:
Sixty-Plus eSave just got younger
Coventry Building Society is extending its highly successful Sixty-Plus eSave account to the over 50s.
Fixed rates still simmering, but variable savings start to hot up
Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: “As the fixed rate market stabilises, with the top rates available just shy of 7% and the variable market showing signs of hotting up, the tides have started to turn.
'No strings' internet savings account from AA Savings
AA Savings has today launched a new, ‘no-strings’, best-buy Internet savings account, called the AA Internet Access Account.
Bradford & Bingley raises the bar with a 6.4% no strings account
Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: “For some time, Sainsbury’s and Icesave have led the way offering 6.25% and 6.2% respectively no strings internet accounts.
A surprise increase in rates for ING customers
Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: “ING increased rates for its savers (Savings Account) to 5.13% gross, an increase of 0.24%. This is good news for ING savers who have recently seen their rate fall behind the market following the failure to respond to 2 base rate rises over the last year.
7% savings gone in a flash
Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: “The fixed rate savings frenzy fizzled out almost as quickly as it started, with three out of the five best buy rates being withdrawn this week, and rates falling below 7% once again.
Disparity within the 6% savings club
Savers spoilt for choice when it comes to top paying accounts – Sainsbury's urges them to think about the account that best suits their needs.
Bradford & Bingley launch esavings account
Commenting on the launch of the Bradford & Bingley esavings account, paying 6.4 per cent AER, Kevin Mountford, head of savings at price comparison website moneysupermarket.com, said:
Leeds launches new fixed rate savings account
Leeds Building Society has launched a new fixed rate branch based savings account paying an excellent 6.76% AER (6.70% gross) with access to up 25% of the balance, without notice or penalty at any time, to compliment its market leading postal savings account.
Leeds to launch new postal savings account
Leeds Building Society is set to launch a new market leading postal savings account that combines a high guaranteed rate of 6.60% AER (6.55% gross) and unlimited penalty free access to funds for customers, at any time.