Savings News & Alerts

Written by our founders Anna and Sue

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Current accounts are the new way to save;<br>Get 5% on easy access with no risk.
19th March 2014
Author: Anna Bowes

Category: Savings News

The savvy savers among you may know of a little trick to get the best returns on the market - spread your money between the top paying current accounts and you could maximise your returns, without switching your current bank account.
Halifax provides just a little extra
11th March 2014
Author: Tom Adams

Category: Savings News

Halifax has finally announced its Cash ISAs for the 2014 ISA season and it is offering a little bit of cheer with some competitive rates. That said, it’s a bit of a mixed bag and continues the underwhelming feel for this years’ season.
SWITCH MY SAVINGS - HELP GET A FAIRER DEAL FOR THE NATION’S SAVERS
11th March 2014
Author: Anna Bowes

Category: Savings News

Up to £5 billion in interest is being lost for those savers who have not switched to the best paying accounts on the market and with over 50% of all easy access savings accounts paying 0.50% or less in interest, millions of savers’ hard earned cash is languishing in poor paying accounts.
Lower Inflation: A double-edged sword for Savers
07th March 2014
Author: Tom Adams

Category: Savings News

As inflation continues its downward spiral, savers may be encouraged as more savings accounts now make a real return when taking into account tax and inflation. However, with inflation seemingly under control, the Bank of England is now under less pressure to increase interest rates.
What is the point of a Cash ISA?
07th March 2014
Author: Anna Bowes

Category: Savings News

With the outlook seemingly bleak, savers are asking whether using their cash ISA allowance is worthwhile, especially when there are high interest rate current accounts that pay better interest, even after basic and higher rate tax has been deducted.
This week marked the 5th anniversary of the Bank of England base rate falling to 0.50%
07th March 2014
Author: Anna Bowes

Category: Savings News

Who would have ever predicted that not only would interest rates fall to a record low of 0.50%, but that we'd still be here 5 years on. This, added to the introduction of the Funding for Lending Scheme in July 2012 have meant a disastrous and unprecedented situation for savers.