Primus has cut costs further on its Line Rental Saver package to £6.29 per month. The package, which is the cheapest in the UK, could cut annual line rental bills by over £90. This deal is available through Homephonechoices.co.uk. Offering evening & weekend calls at 2p per minute and daytime calls at 7.4p per minute, [...]
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Sainsbury’s Bank increases rate to 2.90 per cent on its eSaver
Sainsbury’s Bank has increased the interest rate on its online easy access savings account, eSaver Special, from 2.75 per cent Gross AER (variable) to 2.90 per cent Gross AER (variable). This non-bonus variable rate product means that customers don’t need to worry about switching their account in 12 months time and yet still receive a [...]
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 [...]
Teachers are the best savers
New research by the Co-operative Bank has shown that out of 25 professions surveyed, teachers save the most money each year. Those working in education save on average £2125 each year, higher than those working in finance (£1999) and over four times the amount saved by those in artistic and sport related jobs (£494). The [...]
18.7 million adults admit to neglecting their finances
Over 4.4 million Brits have been left unsure about the future of their finances as the economic climate has taken its toll, according to the third annual Scottish Widows Priorities of Life Index. The research from Scottish Widows found the economic climate has continued to impact the nation’s wallets, and financial priorities have suffered as [...]
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 [...]
“Don’t spend what you don’t have” is top money saving tactic
Research carried out for Standard Life suggests that, in the last three years, 5.3 million additional UK adults have started adopting money saving habits, such as reviewing their utility providers, going online to find the best deals and using online voucher codes to save money. According to Standard Life’s ‘Financial Efficiency’ research, the recent downturn [...]
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 [...]
Cahoot launches one-year fixed rate bond
cahoot is launching a one-year fixed bond paying 3.65 per cent AER. The bond is available from 28 February 2012 to 26 March 2012. On maturity, the bond converts into a new cahoot savings account, which will be instant access with a variable rate. Michelle Kent, head of cahoot, said: “cahoot is pleased to offer [...]
Big freeze fortnight costs households £1.6 billion
British households will be forking out £1.6 billion extra, collectively, on their energy bills as a result of turning up the heating during the recent “Big Freeze” according to MoneySupermarket.com. The comparison site found over a third (38 per cent) of energy users are concerned about being able to afford their energy bills as a [...]
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