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Savings

Instant access savings – make sure you read the small print!

Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: “With bank base rate increasing by a full percentage point over the last nine months, savings accounts can now offer rates high enough for savers to sit up and take notice.

Zurich launches next in the series of Guaranteed Accounts

Zurich has launched the fourth in a series of Guaranteed Capital Accounts designed to give customers access to a structured product throughout 2007.

Alliance & Leicester launches fixed rate bond at 6.30%

Alliance & Leicester International Limited (ALIL), the offshore savings bank, has launched a new, limited edition 1 Year Fixed Rate Bond (Issue 38) with a competitive fixed interest rate of 6.30% AER.

Principality increases rate on e-SAVER

Principality, Wales’ largest building society has increased the rate paid to its e-SAVER account. e-SAVER customers will earn a market leading 5.85% gross p.a. on their savings which is one of the best online rates available in the market today.

FundsNetwork adds new fund links to its onshore investment bond

Fidelity FundsNetwork today announces a further improvement to its onshore Investment Bond account. Advisers who recommend the FundsNetwork Onshore Investment Bond will now benefit from an increased range of fund links. From 7th June, a further 11 new fund links will be added, bringing the total choice available to over 200 funds.

England home to all five of June's Premium Bond millionaires

Despite Scotland dominating NS&I's Premium Bond luckiest town league, it is England which has come out on top in June's anniversary draw, with all five of the £1 million jackpots going to winners in England.

Alliance & Leicester reviews savings rates

Following the Bank of England Base Rate increase of 0.25% from 5.25% to 5.50%, Alliance & Leicester is making the following changes to its savings products.

Portman Building Society increases fixed savings rates

Portman Building Society has announced that it is boosting the rates on its fixed rate savings products following the recent increase in the Bank of England Base Rate.

Leeds Building Society launch 1 year fixed rate bond

Leeds Building Society has launched a new 1 Year Fixed Rate Bond paying 5.75% AER on balances of £50,000 and above with access, without notice or penalty, to 50% of the amount invested at any time.

Leeds Building Society to extend 2-year fixed rate bond

Leeds Building Society is set to extend its 2-Year Fixed Rate Bond, which pays a market leading 6.20% AER, until 31 July 2009.

The biscuit tin bank

Brits are collectively keeping a huge amount of cash at home and potentially missing out on millions of pounds of interest, according to research from Virgin Money.

Fidelity breaks new ground with launch of international bond

Fidelity FundsNetwork is challenging the conventions of the international investment bond market with the launch of its innovative and highly competitive International Bond.

Birmingham Midshires launches new online savings account

Top UK direct savings provider, Birmingham Midshires, this week launches a new online savings account offering long-term savers a market-leading rate. The account is aimed at savers who are looking to lock their money away to attract a higher rate of interest but like the comfort of knowing they can access the money should an urgent need arise.

HSBC increases rates for savers by the full 0.25 per cent

HSBC continues to dominate the online savings market with a further increase to its popular Online Saver offer, up 0.25 per cent to 6 per cent, following the Monetary Policy Committee’s May base rate rise.

Standard Life brings back business bonus savings account

Standard Life Bank has today (29 May) announced its new Business Bonus Savings Account, with a market-leading rate of 5.60% gross, for the first six months.