How do we make our money
At Savings Champion, we believe that everyone should be able to compare the savings market and make savings decisions with the confidence that the information they receive is comprehensive, unbiased and uncompromised by financial considerations.
Our website and services cover the whole UK savings market and are in place to help you cut through the jargon and confusing product placement that you find elsewhere. We are proud of the independent, objective information and tools that we produce to help you.
It is important to us that we run a business that meets the highest standards of professionalism and delivery for our clients.
Many of the services that we provide - for example our popular best buy tables and Rate Tracker service - are free to use, but in order to offer these valuable tools to every saver, we make money in other ways that doesn’t compromise our principles.
So, how do we make our money?
We offer savers that have larger amounts to deposit our Cash Advice Service, which provides advice on savings accounts that are suitable for each client’s particular circumstances and assists with the application process, in exchange for a fee.
Some banks and building societies will remunerate us if savers use our website to apply for and open an account – something that we make very clear on our best buy tables and in our written communications.
We also have a group of carefully selected partners, which offer a range of services that fall outside of the scope of our savings expertise – but those that you may find useful. You can rest assured that we only will only put you in touch with one of our partners with your full and clear agreement.
More information on these can be found below;
Cash Advice Service
Savings Champion offers all savers completely free and independent savings services.
For those looking for tailored savings advice, our Cash Advice Service is a fee-based service, where advice is provided in accordance with an individual client’s objectives.
An experienced savings adviser will help you to maximise the interest on your savings, whilst keeping your money safe - your funds will always be held in your name and under your control.
We guarantee that we will only advise you to proceed if we can beat your current rate of interest, after our fees.
Please call us on 0800 011 9705 for an individual quotation, which will be based on the complexity of your circumstances and size of your savings portfolio.
Visit our Cash Advice Service page for more information.
We are occasionally paid by some providers if you click through from our best buy tables, the articles on our website or from our regular communications (such as our newsletter and regular Rates Alerts) and then open a savings or current account with them.
For clarity, we will indicate those companies who remunerate us in this way with an asterisk *.
We will never accept a payment that compromises in any way our independent, whole of market approach to providing information on savings products.
For more information on how we pick our best buy tables, take a look at our methodology page.
We have a range of carefully selected partners which offer a range of services that have been hand-picked to provide assistance in those areas of interest that fall outside the scope of our expertise.
We believe that clarity is key and so below is a list of the current partners that we work with.
As we are always looking to enhance the services that we make available to you, we will be updating the list with any new partners that we add.
- The Private Office – independent chartered financial planners
- London & Country Mortgages (L&C) – fee-free mortgage broker
- Co-op Legal Services – Lasting Power of Attorney services
Please refer to our financial solutions page for more information on these services or call us on 0800 011 9705.
We may receive payment if you proceed with a product from one of our partners though, of course, we will only put you in touch with an appropriate partner with your express permission.
If you have any questions about how we make our money - or have any other queries - please call us on 0800 011 9705 or email [email protected].