Why Savings Champion
Savings Champion was created to fill a gap in the finance market.
There has traditionally been limited advice offered on cash savings products yet it forms part of everyones investment portfolio. A well managed portfolio of savings accounts that seeks to maximise interest can negate the need to take risk with other investments.
Many people find it very difficult to manage their savings due to the volume of accounts (circa 5,000) and the frequency that rates on accounts change.
Websites that provide comparisons of savings rates are often compromised by commercial arrangements with banks/building societies, incomplete, difficult to navigate or all of the above. In addition, there is very little opportunity to speak to an expert, to get some personal guidance on the best type of savings account, or the best savings account rates.
Why is Savings Champion different?
Savings Champion is dedicated to savers and savings accounts. We provide advice that is totally independent based upon whole of market research.
How can we help you?
Our Concierge Advice service provides a bespoke advisory service for private clients, business clients, trusts and charities that hold in excess of £100,000 in cash savings. We are proud of the fact that this service is proven to improve the amount of interest earned (after our fee) as well as improving protection under the Financial Services Compensation Scheme (FSCS).
Call us today to establish whether we can help you on 0800 321 3581.
Best Buy tables
Our Best Buy Tables show the best five savings accounts in eight different categories, such as Easy Access Accounts and Variable Rate ISAs. Our dedicated research team compile these tables, rather than simply being picked by a computer. We check to determine if the accounts are actually what they appear to be, and therefore whether they should appear on the Best Buy tables. For example, we may choose to not include an easy access account that only allows one withdrawal. This is a completely independent, uncompromised process. Some other comparison websites only display accounts where they are paid a commission; we guarantee our tables are compiled only on the merits of the account offering alone.
This provides the opportunity to give your savings account an MOT – tell us the name of the account and we’ll let you know instantly what interest rate you are currently earning, whether something better is available and even tell you how much extra interest you could earn. At this stage, the results will indicate the gross rate and/or AER rate of both the savings account you currently hold and the current Best Buy account that is open to new customers. We'd recommend you then click through to the full Best Buy tables before making any decisions, so that you can read more information about the account shown and decide whether it's appropriate for you.
Once we’ve provided you with the comparison between the interest rate your current savings account is offering, and the most appropriate Best Buy savings account, we can then track your savings accounts - to let you know if there are any changes on the savings account you hold and to inform you if, or when, something better comes along. We are confident that Rate Tracker is unique and could help to revolutionise the way you save.
If savings alone appear to be too restrictive a vehicle for protecting your wealth or you want more strategic advice in relation to Inheritance Tax, Pensions or other Investment advice then we are able to recommend a Chartered Financial Adviser. Please call or email accordingly.