Savings Accounts
Average top 10 easy access savings rate now stands at 3%
With Britain falling into a double-dip recession, and hard pressed households struggling with the high cost of living, MoneySupermarket is encouraging consumers to start a savings habit and put some money aside on pay day in order to be prepared for a rainy day.
Tesco Bank increases rates on all Fixed Rate Savers
Tesco Bank has increased the interest rates on its Fixed Rate Saver products.
Offshore savings accounts - Should you open one?
Research shows time and time again that for the vast majority of expatriates, organising their offshore savings is often left on the “to do” list until after the move abroad, at which point inertia and amnesia taker over.
Sainsbury's increases rate on its eSaver Special savings account
Sainsbury's Bank has increased the interest rate on its online easy access savings account, eSaver Special, from 2.75% Gross AER (variable) to 2.90% Gross AER (variable).
No strings savings account launched for N&P online savers
Norwich & Peterborough Building Society (N&P) is launching a new issue of its popular E-Saver Account, offering a competitive variable rate of 2.50% gross/2.00% net/2.50% AER.
Banks help first time buyers with Regular Home Saver Account
Clydesdale and Yorkshire Banks have highlighted the success of their Regular Home Saver Account in helping First Time Buyers get onto the property ladder.
Cheshire and Derbyshire Building Societies reward regular saving
The Cheshire and Derbyshire Building Societies are launching new issues of the Platinum Monthly Saver, a competitive account designed to encourage people to build up a nest egg by saving on a regular basis.
Nationwide launches new issue of MySave Online Plus
From 1 April 2012, Nationwide Building Society will be launching a new issue of its MySave Online Plus account. Customers opening the account with at least £1,000 will receive a rate of 2.85 per cent AER/2.81 per cent gross p.a. including a fixed bonus of 1.31 per cent gross for 12 months.
The year of the fixed rate: Halifax sees savers shift their focus in 2012
Recent years have thrown up fresh challenges to savers in the UK as wider economic forces have put greater pressures on household finances and the Bank of England base rate has remained at a historic low (0.5%) since March 2009.
The Cambridge gives online savings a boost
The Cambridge Building Society has announced a series of enhancements to its online savings products.
New top rate of 3.16% AER for online savers with the West Brom
Building society the West Brom is offering a welcome boost to online savers with a market leading return on its latest WeBSave account, Easy Access 4.
UK savers losing money in dead end accounts
A Which? investigation has revealed that UK savers could be losing out on almost £13 billion in interest each year by failing to switch savings accounts, an increase of half a billion pounds since October 2010.
New 75 day notice account from Nationwide Group Building Societies
The Cheshire, Derbyshire and Dunfermline Building Societies, all part of the Nationwide Group, will launch 75 Day Notice - Issue 1 on Friday 16 March.
Coventry easy access Online Saver account pays 3.15%
Coventry Building Society has launched an Online Saver account paying 3.15% AER.
Tesco Bank 1-year Fixed Rate Saver paying 3.25%
Tesco Bank is offering customers an interest rate of 3.25% Gross/AER (annual interest) on its 1-year Fixed Rate Saver from Thursday 8 March 2012, making it one of the best fixed rate savings rates available in the market.