According to analysis from MoneySupermarket.com, exchanging last minute at the airport bureau de change could cost as much as 10 per cent more than someone using a debit card designed for overseas usage. For example, travellers changing GBP to US dollars via ICE bureau de change at the airport would pay £714.44 for $1,000, while [...]
Latest Savings News
Boys more optimistic about future earnings
Research from Clydesdale and Yorkshire Banks has revealed that most primary school kids believe they will earn between £10 and £25 per week when they leave school. Almost a fifth (18 per cent) of those surveyed believe their annual salary will be between £520 and £1,300 with a further 16 per cent hoping to earn [...]
YBS launches protected stock market account
Yorkshire Building Society has launched a new Protected Capital Account. Fixed Growth 6 offers a return of 34 per cent payable on maturity, equivalent to five per cent gross/AER, as long as the FTSE 100 index does not fall below 60 per cent of its starting level at any time during the six year term. [...]
Britain: a nation of complications
Britain is a complicated place to live according to new research, which shows over half the population believe their lives are too complicated. And it’s money, work-life balance and family issues that are causing all that complication. Car insurance provider Admiral MultiCar found that 52 per cent of people think their lives are too complicated. [...]
More female savers, but men save more cash
Hundreds of thousands of customers using NatWest’s free tool to help hit their savings targets has revealed new data about savings priorities across gender, age and location. The statistics show that nearly a third more women are using the tool to reach their savings goals, however, it’s men who appear to be more ambitious with [...]
Taxman warns of self-cert scams
HM Revenue & Customs (HMRC) is warning taxpayers not to fall victim to ‘phishing’ emails sent out by fraudsters in the run-up to the self-assessment deadline of 31 January. The email tells the recipient they are due a tax rebate, and provides a link to a clone of HMRC’s website where the recipient is asked [...]
Shawbrook launches new bonds
Shawbrook Bank has launched two new fixed rate bonds that will give personal savings customers more choice when it comes to finding an account that meets their timing needs. Shawbrook’s 18 month and 30 month fixed rate bonds have been developed for customers who are looking for fixed rate savings products – but don’t want [...]
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