Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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Provider Focus – Zenith Bank (UK) Limited
31st January 2017
Author: Dan Darragh

Category: Savings News

The provider chosen this time is Zenith Bank (UK) Limited, a bank that entered the UK savings market in November. As a recent entrant to our best buy tables, this is an ideal time to give you more information on the provider and a good opportunity to get your feedback...
Increase in protection level for savers announced
19th January 2017
Author: Anna Bowes

Category: Savings News

The Prudential Regulation Authority (PRA) has confirmed this week that the Financial Services Compensation Scheme (FSCS) protection level for deposits will be returning to £85,000 per person...
January's Rates Rundown
19th January 2017
Author: Anna Bowes

Category: Savings News

The breaking news from the Post Office, brought to you in our last Rates Rundown, appears to have sparked a flurry of movement amongst easy access accounts, with a number of positive changes happening over the last couple of weeks...
Inflation reaches highest level since July 2014 – where can you look for the best return?
19th January 2017
Author: Anna Bowes

Category: Savings News

The latest inflation figures out this week will be a blow for savers, effectively further eroding the interest earned in real terms. Although it’s now harder to improve returns it’s not impossible but it does mean that fewer accounts now beat inflation so make sure you choose wisely...
Finally, some good news for savers as a third of new account launches see rate rises
19th January 2017
Author: Anna Bowes

Category: Savings News

New account launches with increased interest rates are higher than the number of launches with lower rates so far this year, with 33% of all new launches seeing a rate rise rather than a rate cut...
New Year's rates rundown
05th January 2017
Author: Anna Bowes

Category: Savings News

With Christmas and the New Year festivities occupying everyone, including providers, over the last few weeks, inevitably there have been few changes in the savings market, particularly amongst the best buys. However there have been some notable positive launches in that time, that you may have missed...