Savings
Nationwide launches Legal & General (L&G) Portfolio Bond
Nationwide has launched a new Legal & General (L&G) Portfolio Bond. The L&G Portfolio Bond has been launched for those who wish to take a regular withdrawal to provide income, something that is becoming increasingly important for those who rely on this income to support their retirement.
Principality 5 year fixed rate savings bond paying 5.30%
Principality Building Society has replaced its 5 year fixed rate bond Issue 149 with a new Issue 150, paying a market-leading rate of 5.30% AER.
Leeds Building Society offers Euro accounts
Leeds Building Society will be the first UK building society to offer Gibraltarians and UK expatriates living in Spain and Gibraltar a range of Euro savings accounts from 28th September 2009.
Leeds online easy access account paying 3.05%
Leeds Building Society has re-launched its easy access online account paying a market leading variable rate of 3.05%. Furthermore, the online account also allows unlimited withdrawals at any time, without notice or penalty.
YBS 5 year bond will pay out over £1,300 in extra interest
Picking a top paying 5 year bond rather than choosing an average offering could mean gaining £1,324 in additional interest over the term of the product. In real terms this additional interest could pay for an all inclusive Mediterranean Cruise for 2 people.
B&B new online notice account & fixed rate ISA
This week Bradford & Bingley Savings has launched two fantastic new accounts for both new and existing customers.
New fixed rate Online Bond from Barnsley Building Society
Barnsley Building Society has increased the rate on its 3 year fixed rate Online Bond which is now paying a market-leading 4.70%.
M&S Money issues new Fixed Rate Savings option
M&S Money is offering a new Fixed Rate Savings option with effect from 1st October 2009. The guaranteed interest rates are available over 1, 2 and 3 years at up to 4.00% AER/gross.
HSBC World Selection High Interest Deposit Bond
HSBC is launching a market leading High Interest Deposit Bond as part of its globally diversified World Selection fund offer.
Barclays fixed rate savings bonds paying up to 5.25%
In a move which will drive greater competition, Barclays today launches a range of one, two and five year fixed rate bonds paying up to 5.25%. Barclays top paying bond will be for five years paying 5.25 per cent gross p.a. / AER with a minimum investment of £500.
Providers target savers willing to lock money away
Banks and building societies are continuing to target savers willing to lock their money away in a fixed rate bond, a move that appears to be paying off.
moneysupermarket.com: Rise in premium bonds prize pool
Commenting on the rise in the premium bonds prize pool, Kevin Mountford, head of banking at moneysupermarket.com, said:
NS&I increases premium bonds prize fund rate
NS&I has announced that it is increasing the Premium Bonds prize fund rate to 1.5% from the October 2009 prize draw onwards.
Number of Brits not saving money rises
The average saver has increased the amount they put away each month by over a quarter (26 per cent) since the beginning of 2009 but the number of Britons who aren't saving anything has also risen, new ‘Snapshot' research from Abbey Savings has revealed.
Citi launches new Flexible Saver Account
Citi is to launch a new Citibank Flexible Saver Account (Issue 6) paying 3.30% AER / 3.25% gross p.a. variable, including an introductory fixed bonus rate of 2.25% gross p.a. for the first 12 months.