Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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Latest rates run down - new deals to hit the savings market
12th February 2016
Author: Anna Bowes

Category: Savings News

Whilst much of the savings news so far in 2016 has been providers withdrawing from the best buy tables and lower rates being offered almost across the board, there have at least been some providers making positive moves.
Ask Anna: Will the introduction of the new personal savings allowance include existing cash ISAs?
12th February 2016
Author: Anna Bowes

Category: Savings News

Q. With the introduction of the new personal savings allowance in April this year, would the £1,000 tax free interest allowance include any interest earned from an existing cash ISA?
This weeks latest rates rundown
29th January 2016
Author: Anna Bowes

Category: Savings News

The last few weeks have seen various providers drop out of the best buy tables, taking themselves out of the running, with the 1 year fixed rate bond table particularly affected. However, there are several providers that have bucked this trend in the last week or so, improving the rates they have on offer.
New Personal Savings Allowance should be tapered to create a fairer system, but most savers will still be better off.
29th January 2016
Author: Anna Bowes

Category: Savings News

The introduction of the Personal Savings Allowance from 6th April means that basic and higher rate taxpayers will be eligible for a tax-free savings allowance, however someone just tipping into the higher tax bracket by virtue of additional savings interest could lose out.
What to expect for savers in 2016
13th January 2016
Author: Anna Bowes

Category: Savings News

There are a few big changes that will affect savers in 2016.
Santander’s 123 Current Account fees have increased by 150%
13th January 2016
Author: Anna Bowes

Category: Savings News

Santander’s 123 Current Account fees increased by 150% on Monday 11th, from £2 per month to £5 per month so account users should now consider how they use the account, to ensure they're still getting a good deal and not paying more for the account than they get out of it.