Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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Ask Anna – What is open banking and can I opt out?
11th November 2017
Author: Anna Bowes

Category: Savings News

Ask Anna – What is open banking and can I opt out?
NS&I announce that it will pass on the full base rate rise to its savers
10th November 2017
Author: Anna Bowes

Category: Savings News

This week NS&I has announced that it will be passing the full increase on to savers in its variable rate products, from 1st December – this includes the rate applied to the prize fund of the ever-popular Premium Bonds.
Which savings providers have been first out of the savings blocks following the base rate rise last week?
10th November 2017
Author: Anna Bowes

Category: Savings News

Unsurprisingly, few providers have shown their hands yet, but a small number have already promised to pass the full 0.25% base rate rise to their existing customers, while others are already making their excuses.
Rates Rundown: A quiet week in the best buy savings market
02nd November 2017
Author: Anna Bowes

Category: Savings News

Over the last week we have seen a slowdown in the number of new market-leading rates entering the savings market - Vanquis Bank to the rescue...
The speculation is over – base rate increases by 0.25%
02nd November 2017
Author: Anna Bowes

Category: Savings News

As widely predicted and at long last, for the first time in a decade, the Bank of England has today raised the base rate from 0.25% to 0.50%. Savers who have suffered years of rock bottom interest rates will be cheered by today’s news, but while we wait to see how providers respond, as always, our advice is to remain active to achieve the best rates now.
Moving money between ISAs – what you need to know
02nd November 2017
Author: Anna Bowes

Category: Savings News

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.