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 [...]
Latest Savings News
UK’s cheapest line rental gets even cheaper
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, [...]
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 [...]
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 [...]
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