Savings
New savings accounts from AA Savings
AA Savings has increased the interest rate of its five-year fixed account by 0.15% to 4.65% gross/AER for new investors; while two new 2-year fixed accounts have been launched.
High yield investors reap rewards of market rally
Investors with exposure to high yield bonds have reaped the rewards of the recent market rally, with the sector outperforming equities during the first half of 2009; whilst the Merrill Lynch Global High Yield Index returned 29.5% during this period, the MSCI World Index returned 6.8%.
Guaranteed Account now available from Zurich
Available immediately, the Zurich Guaranteed Capital Account 24 (GCA 24) which runs for five and a half years, offers intermediaries and their clients the potential to benefit from the growth of the FTSE 100 Index whilst protecting their clients' original capital investment.
Britannia launches new fixed rate bond
Britannia has launched a fixed-rate bond for savers looking to make the most of their savings.
Principality launches new fixed rate savings bonds
Principality Building Society will launch (Friday 10 July) a range of fixed rate bonds designed to give savers the confidence of a guaranteed return matched with a choice of savings terms to suit their needs.
Top savings deals selling out fast
Andrew Hagger of Moneynet.co.uk looks at developments in the savings market during the last seven days.
Fixed Rate Escalator Bond paying up to 6.00%
Leeds Building Society has launched a 5-year Fixed Rate Escalator Bond paying a market leading rate of 6% in year 5. The account allows unlimited access to 25% of the initial capital invested at any time without notice or penalty.
Newcastle offers 4.50% postal savings bond
Newcastle Building Society added to its portfolio of market-leading bonds with the launch of a Two Year Fixed Rate Postal Bond (Issue 5) offering up to 4.50% Gross/AER.
Barclays reissues Minimum Return Plan
Barclays Wealth has improved the balance of its Minimum Return Plan protected investment, as investors seek higher yielding alternatives to deposit accounts in the low interest rate environment.
Barnsley 5 year fixed rate online bond paying 5.10%
Barnsley Building Society has this week launched a new five year fixed rate online savings bond paying a market leading rate of 5.10% gross per annum (4.08% net), with a monthly interest option available for those who rely on their savings for income.
Nationwide increases rates on fixed rate savings bonds
Nationwide Building Society has announced details of a new range of Fixed Rate Savings Bonds and e-Bonds, which all offer a guaranteed interest rate for savers.
Brits kidding themselves when it comes to savings
Many Brits may be kidding themselves - believing that the only reason they aren't saving is that they don't have enough money - but in reality if they had the extra cash they still wouldn't use it to start saving, suggests research from moneysupermarket.com.
Newcastle launches new 5% savings products
Newcastle Building Society is continuing to top the best buy tables with the launch of a new fixed rate bond offering up to 5.00% Gross/AER over five years, available from 1 July 2009.
Santander's UK savings brands extend fixed rate bond offer
Due to popular demand Abbey, Alliance & Leicester and Bradford & Bingley is extending the offer on our competitive fixed-term savings accounts paying up to 4.15 per cent, allowing more customers to take full advantage of these great rates.
Good news for online savers
Andrew Hagger of Moneynet.co.uk comments on the latest savings launches: The internet savings market has been a hive of activity during the last ten days but Alliance & Leicester have now pipped their rivals to the number one best buy spot in the mainstream savings market with a new online account paying 3.15% gross/AER.