Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

Savings News RSS Feed

ISA transfers – what you need to know
17th March 2018
Author: Anna Bowes

Category: Savings News

Cash ISA rates are on the rise and could go even higher as we approach the end of the tax year, so if you are planning on moving your ISA savings to make the most of the extra interest available on the top- paying ISA accounts, there are a few things you need to be aware of. The Q&As below cover some of the main questions we are being asked by our clients.
The countdown to the new tax year ticks away – time to use your cash ISA allowance or lose it
16th March 2018
Author: Anna Bowes

Category: Savings News

With less than three weeks to go until the end of the 2017/18 tax year, cash ISAs are the focus for many savers now – either planning ahead for the new tax year or looking for a home for the current year’s allowance - before it’s too late.
Why can't I top up my Virgin Fixed Rate ISA to use my full allowance?
16th March 2018
Author: Anna Bowes

Category: Savings News

I opened a Virgin Fixed Rate ISA earlier in the tax year and deposited £10,000. I now have additional funds available and wanted to use up my ISA allowance – but I’ve been told I can’t as the fixed rate ISA is closed to new deposits and, apparently, I can’t even open an easy access with them too. Why not?
Cash ISAs – the basics!
10th March 2018
Author: Anna Bowes

Category: Savings News

As we are now in the final month of the 2017/18 tax year, many savers’ attention will be turned to the cash ISA best buy tables as they either start planning for the new tax year or deciding where to put their current tax year allowance before it’s too late.
Rates Rundown: As the great thaw out began, there was a steady trickle rather than a flood of new best buys…
10th March 2018
Author: Anna Bowes

Category: Savings News

With more improved fixed rate products entering the savings market, it was little surprise to see further changes to our tables over the last week.
Where should savers with larger sums to deposit turn?
10th March 2018
Author: Anna Bowes

Category: Savings News

Savers with large sums of money to keep in cash face a touch decision. Do you split it into FSCS-sized chunks or leave some money unprotected?