Savings
Abbey launches new super bond
Abbey has launched a new Super Bond, a limited edition fixed-rate bond offering 8.1 per cent if customers put an equal amount or more into Abbey’s tax-efficient Guaranteed Growth Plan, or other growth investment.
Nationwide announces new savings rates and fixed rate bonds
With effect from Friday 1 June, all customers with variable rate sterling accounts with Nationwide International Limited, the offshore subsidiary of Nationwide Building Society, will receive a rate increase of up to 0.25%.
Premium Bond anniversary attracts record number of customers
The 50th anniversary of Premium Bonds has caused a stir amongst savers, leading to record levels of investment. Since NS& I, which runs Premium Bonds, kicked off celebrations £6.6 billion has been invested, with £2.2 billion worth of Bonds sold in October 2006 alone - the highest monthly total to date.
Nationwide launch new range of Fixed Rate Bonds
Nationwide Building Society has launched a new range of Fixed Rate Bonds offering highly competitive interest rates and guaranteed returns for savers.
NS&I celebrates 50 years of premium bonds prizes
On 1 June 2007 almost 24 million people will all be waiting for one announcement: the winning numbers of the biggest Premium Bond draw to date. Almost 1.5 million prizes worth £116 million will be paid out including five £1 million jackpots.
Scarborough launches two-year bond paying 6.30%
Scarborough Channel Islands Limited (SCIL) is offering a market-leading new Scarborough Offshore Bond.
Abbey International increases rates on Base Rate Tracker accounts
Abbey International has responded quickly to the recent change in UK Base Rates, with interest rates on all its Base Rate Tracker accounts rising on May 14th 2007.
National Savings and Investments rate changes
National Savings and Investments (NS& I) is increasing the interest rates on a wide range of its variable and fixed rate savings offers by up to 0.25% per annum.
Abbey launches Base Rate Tracker Term Account
Abbey International has launched a new issue of its Base Rate Tracker Term Account (Issue 6) as part of its range of deposit accounts offering consistent and competitive rates of interest.
Bank of Scotland increases interest rate on Instant Access Savings Account
Bank of Scotland International has increased the interest rate on its Instant Access Savings Account, with immediate effect:
Over 50s savings grow
Rachel Thrussell, Head of savings at moneyfacts.co.uk, comments: “This week sees the launch of two accounts designed for savers aged 50 or over.
Fixed rate savings reach new highs
Rachel Thrussell, Head of savings at moneyfacts.co.uk, comments: “Today sees the launch of two new fixed rate accounts from Bank of Cyprus UK and West Bromwich BS which push fixed rates to a new high which we have not seen for five years.
Abbey increases rates on savings accounts
Following the increase in the Bank of England Base Rate from 5.25 per cent to 5.50 per cent, Abbey is increasing its savings rates by up to 0.80 per cent from 1 June 2007.
High returns point to future gains for Skipton savers
Savers looking to benefit from increases in the FTSE 100 and Halifax House Price Index (HPI) are once again being offered the chance to invest in Skipton Building Society’s Guaranteed Triple Asset Bond.
Nationwide announces increases in savings rates
Nationwide Building Society has announced that from Friday 1 June 2007 all savers with variable rate accounts will see an increase in their savings rates. The vast majority will receive an increase of 0.25%, with some accounts seeing Base Rate-beating increases of up to 0.50%.