Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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Let’s hope the upward trend for 2018 continues - but you need to switch to take advantage
18th January 2018
Author: Anna Bowes

Category: Savings News

53% of rates on new savings accounts launched in 2017 were higher than the previous version, compared to just 8% in 2016.
Building societies outperform banks – yet again
18th January 2018
Author: Anna Bowes

Category: Savings News

We have recently carried out some research into the rates being offered to customers of banks versus building societies. Comparing the two groups as a whole, building societies continue to outperform banks in key areas.
Funding for Lending Scheme set to end
18th January 2018
Author: Anna Bowes

Category: Savings News

In July 2012 the Funding for Lending Scheme (FLS) was introduced, with disastrous effects on the savings market. What next for the savings market when FLS, and TFS, ends in 2018.
Open Banking – a brave new world?
18th January 2018
Author: Anna Bowes

Category: Savings News

Last Saturday (13th January), the way we bank potentially changed forever, as banks became able to share your bank account information with other financial service providers. Although information can only be shared with your explicit permission and at the moment only a few banks have got their systems compliant, these changes mark the start of a banking shake up.
Rates rundown: 2018 may be well underway, but few providers are making waves in the savings market so far.
13th January 2018
Author: Anna Bowes

Category: Savings News

It’s been a quiet week in the savings market in many ways, particularly if you are keeping an eye on the top end of the market and the current best buy tables.However, we have seen several changes from providers that have affected our best buy tables, so it’s not all doom and gloom!
New year - new provider?
12th January 2018
Author: Anna Bowes

Category: Savings News

We all start a new year with a list of things to change, things to do differently or indeed new things to try and that applies to financial matters as much as any other aspect of our life.