Tesco Bank has increased the interest rates on its Fixed Rate Saver products. The increases to the one-year, two-year and three-year Fixed Rate Savers mean customers can benefit from some of the best fixed rates in the market. The one-year Fixed Rate Saver increases to 3.5 per cent, the two-year and three-year Fixed Rate Savers [...]
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N&P launches online savings account
Norwich & Peterborough Building Society (N&P) is launching a new issue of its E-Saver Account, offering a competitive variable rate of 2.50 per cent gross/2.00 per cent net/2.50 per cent AER. Unlike many headline-grabbing savings products, the account doesn’t carry a short-term bonus interest rate or involve complicated conditions and is suitable for savers no [...]
Leeds unveils 1 year fixed rate bond at 3.25 per cent with 25 per cent access
Leeds Building Society has unveiled a 1 year fixed rate bond, which combines a high guaranteed return of 3.25 per cent gross p.a./ AER with unlimited access to 25 per cent of the funds, without notice or penalty, at any time. Kim Rebecchi, Leeds Building Society’s sales and marketing director said, “Our one year fixed [...]
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. Those investing at [...]
Financial stretch leaves Brits lagging decades behind their life plans
The average British adult is up to 19 years behind schedule with their ‘life plan’, research carried out on behalf of Skipton Building Society has revealed. The Society discovered that millions of people have struggled to tick off some or all of the significant milestones such as owning a house, getting married and starting a [...]
New savings bond from the Yorkshire
Yorkshire Building Society has introduced a new short term savings bond with a return of 3.50 per cent gross/AER. The new bond is available now, and matures on 30th September 2013. “We’re introducing this new bond in response to customers, who are telling us they want to save short term when there is so much [...]
N&P launches three year fixed savings choice
Norwich and Peterborough Building Society (N&P) has launched two new fixed rate savings products – a three year ISA and a three year bond, both paying 3.45 per cent gross/AER. The bond also offers a monthly income option at 3.40 per cent gross/2.72 per cent net/3.45 per cent AER fixed. Gary Lacey, savings product manager [...]
Derbyshire BS increases NetSaver rate
Derbyshire Building Society, part of the Nationwide Group, is increasing the introductory bonus rate on its Derbyshire NetSaver – Issue 3 account by 0.11 per cent to 2.06 per cent gross, bringing the overall rate paid to 3.06 per cent gross until 30 June 2013. Existing Derbyshire NetSaver – Issue 3 customers will benefit from [...]
Coventry launches Online Saver account at 3.15 per cent
Coventry Building Society has launched its Online Saver account. This easy access online savings account, which is operated entirely online, can be opened with as little as £1 and allows a maximum investment of £250,000. The rate of 3.15 per cent AER includes a bonus of 1.15 per cent for the first year the account [...]
Brits ‘won’t make sacrifices’ to save
Cash-strapped Brits are wasting up to £182 billion by not making the most of their cash ISA allowance, according to new research from uSwitch.com, the independent price comparison and switching service. Just half of Brits (50 per cent) intend to save into a cash ISA this year and those who do will be saving far [...]
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