Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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What is inflation and why is it important?
10th February 2018
Author: Anna Bowes

Category: Savings News

The Consumer Prices Index (CPI) inflation rate for Decmber 2017 fell by 0.10% to 3% but it’s nearly double what it was in December 2016, when it stood at just 1.60%. The January 2018 inflation figures will be released next Tuesday – 13th February.Statistics like this are always in the media but what does it mean and why is inflation so important?
Rates Rundown: Multiple fixed term accounts enter our best buy tables.
09th February 2018
Author: Anna Bowes

Category: Savings News

Although the week started off slowly with few accounts hitting the best buy tables, the end of the week saw a burst of activity.
Lifetime ISA or Help to Buy ISA?
09th February 2018
Author: Anna Bowes

Category: Savings News

The deadline for transferring your Help to Buy ISA into a Lifetime ISA is rapidly approaching. The window is closing on 5 April 2018, after this date you will not be able to transfer your Help to Buy ISA without the proceeds counting as part of your Lifetime ISA allowance, so you may not be able maximise the 25% bonus offered.Having said this, transferring may not necessarily be the right thing to do. Read on to get the information you need to help you make the right decision.
Ask Anna - My daughter has a Help to Buy ISA and is looking for a £300,000 house. As Help to Buy is only £250,000, is there any point in transferring to a LISA?
08th February 2018
Author: Anna Bowes

Category: Savings News

Savers Que
Provider Focus – United Trust Bank
08th February 2018
Author: Dan Darragh

Category: Savings News

We are often asked for more information on various savings providers that are less well-known or new to the savings market. The provider chosen this time is the 2018 winner of our coveted Award for Customer Service and one that regularly features in a number of our best buys tables – United Trust Bank.
Rates rundown: An increase in activity this week, with fixed rates taking centre stage…
03rd February 2018
Author: Anna Bowes

Category: Savings News

Following a relatively quiet week for new accounts, the last seven days has seen more activity from providers, particularly amongst fixed rate accounts.