Savings archive

Published in December 2012

350 top savings accounts disappear over 2012

by Cliff D'Arcy | More than 350 savings accounts have disappeared over the course of 2012, leaving slim pickings for savvy savers.

NS&I: how does the safest savings account compare?

by ReenaSewraz | We look at how the safest savings accounts from National Savings and Investments measure up to the rest of the savings market.

Santander launches 18-month bond paying 3%

by ReenaSewraz | Santander has launched a new bond offering a cracking rate of interest. But there are two big hurdles to clear before you can get your hands on it.

Is your money safe with a bank you've never heard of?

by Emma Lunn | If you're looking for a new savings account you'll find there are some unfamiliar names at the top of the best buy tables: Danske Bank, the State Bank of India, Triodos and United Bank, among others. Who are they and are they a safe place for your cash?

Published in November 2012

Lovemoney Awards: First Direct is your favourite savings provider

by Ed Bowsher | First Direct is the clear winner in the Lovemoney Awards savings category.

Cheshire Platinum Monthly Saver offers 5% interest and instant access

by Neil Faulkner | You can't get an interest rate like 5% without catches, but this one from Cheshire Building Society is still worthwhile for some.

Nottingham BS launches 6% savings account

by Rebecca Rutt | An innovative new regular savings account has opened with a competitive rate. But is it worth opening?

Top savings accounts for kids!

by ReenaSewraz | If your child has some cash and wants to save it, here are the highest paying savings accounts to choose from.

GE Direct launches 18-month fixed rate savings bond paying 2.9%

by Rebecca Rutt | Savings rates on short-term accounts have been falling across the market, so should you be investing your cash for a longer period?

Is there any point opening an easy access savings account?

by John Fitzsimons | As inflation rises again, low savings rates are once again in the spotlight.

NatWest pulls top instant access savings account

by ReenaSewraz | As the top easy access savings account disappears, and rates across the board plunge, is there any point in an easy access account?

Asda shoppers could earn 12.9% interest on their savings

by Neil Faulkner | Asda shoppers could earn the equivalent of as much as four times the highest-paying savings accounts.

Yorkshire launches savings account that helps the RSPCA

by Rebecca Rutt | A new savings account has been launched by Yorkshire Building Society which pays a percentage to the RSPCA. But is it any good?

Published in October 2012

Poppy savings bond paying 3.25% launches

by Rebecca Rutt | This savings bond from Coventry Building Society not only pays a good rate but also gives money to charity.

NatWest launches market-leading easy access savings account

by ReenaSewraz | NatWest will now offer savers a rate of 2.85% but only for a limited period.

The top telephone and branch-based savings accounts

by Cliff D'Arcy | Online accounts pay the highest savings rates, but these savings accounts are the best if you only want to manage your money by branch or phone.

Is the Government to blame for falling savings rates?

by Rebecca Rutt | Savings rates are plummeting and a new Government scheme could be to blame.

The top alternatives to ING/Barclays

by Rebecca Rutt | Barclays is buying ING Direct but if you're not happy becoming part of the high street giant, what other options are there?

Buckinghamshire launches savings accounts with rising interest rates

by ReenaSewraz | The new Chiltern Gold Escalator easy access savings account and Cash ISA will build up to a rate of 4% in a year but pays an AER of 2.85%. Confused? Here's how it works.

M&S Bank offers regular saver account paying 6%

by ReenaSewraz | New M&S regular saver account pays a cracking rate of interest. But there's a costly catch.

How Zopa beats the stock market

by Neil Faulkner | Would you be wise to lend your money to strangers instead of investing in shares?

Published in September 2012

The best things about being a pensioner

by Rebecca Rutt | When you become a pensioner, you're suddenly eligible for lots of benefits and discounts, so make sure you know what's available and don't miss out.

198 savings accounts now keep up with inflation

by Ed Bowsher | Inflation fell again this week. This is great news for savers as it means that more accounts now offer an inflation-matching return at the very least.

Interest rates plummet on easy access accounts

by Rebecca Rutt | With interest rates still sliding downwards on easy access accounts, what options do savers still have?

Sainsbury's pulls new savings bonds after just 24 hours

by Ed Bowsher | If you want to get a cracking savings deal, it pays to act quickly!

Savers could win £1 million with Halifax

by Rebecca Rutt | Is the chance of winning £1 million enough of a pull to get you to sign up to a new savings account from Halifax? Here we look into the pros and cons of this kind of sweetener.

Published in August 2012

Top savings accounts that track base rate

by Neil Faulkner | Some savings accounts pay an interest rate directly linked to the bank base rate. But is there any point with a tracker savings account when base rate is at its record low?

Re-Give ordered to hand back 5% bond savers' cash

by John Fitzsimons | Mutual Re-Give launched a controversial 5% savings bond last month but has now been told to give savers back their money.

Easy access savings accounts drop interest rates by 60%

by Neil Faulkner | The interest rates available on easy access savings accounts have plunged over the past year and a half

Treasury orders banks to offer simple savings accounts

by John Fitzsimons | The Treasury wants to see banks and building societies introduce a range of simple savings accounts with no bonus rates.

Islamic Bank of Britain launches savings bond paying 4%

by Rebecca Rutt | A market-leading savings bond from the Islamic Bank of Britain has smashed into the savings tables but you need to act fast if you want to benefit.

Published in July 2012

11 instant access accounts that beat inflation

by Ed Bowsher | It's now much easier to protect your savings from the effects of rising prices.

Top instant access savings accounts for small deposits

by Laura Shannon | You don't need to have a small fortune to deposit to get hold of a best buy instant access savings rate.

NS&I is failing savers

by Cliff D'Arcy | Our national piggy bank is hurting savers by offering a rotten range of awful accounts!

Beginner's guide to bonds

by Laura Shannon | If you're confused about the different types of bond, we explain how they all work.

Re-give: the 5% savings bond that you should avoid!

by Laura Shannon | A new one-year bond from the mutual society Re-give has caught the attention, paying 5% interest. But your money may not be safe...

Good news for savers as inflation falls to 2.4%

by Laura Shannon | The Consumer Prices Index rate of inflation dropped to its lowest level in over two and a half years during the month of June

Top fixed rate savings bonds pulled after 30 days

by ReenaSewraz | The best fixed rate bonds disappear after a month. So you'll need to move quickly if you want the best rate on your savings.

Leon offers bond that could pay 15% interest

by Laura Shannon | A healthy fast-food chain has launched a new investment bond that pays an impressive return, so what's the catch?

ING Direct and AA reprice easy access savings accounts

by ReenaSewraz | The battle between top accounts to provide the best home for your savings is heating up, with ING Direct and AA both improving their rates.

Alternatives to saving with the big banks

by Simon Ward | You can get a good return on your money or put it to good use in lots of different places.

Brits saving 13% less than a year ago

by Ed Bowsher | People in the UK are saving 13% less than they were a year ago. If you've cut back on your saving, it's all the more important that you save in the savviest way possible.

New fixed rate bond paying 3.65% from Coventry Building Society

by ReenaSewraz | The new one-year bond from Coventry is not only a table topper, but it also beats inflation!

Easy access vs notice savings accounts

by ReenaSewraz | With new market-leading accounts launched for both notice and easy access savings accounts, we look at whether you should sacrifice access to your cash for a better rate.

Published in June 2012

Coventry BS launches table-topping easy access savings account

by ReenaSewraz | Price war kicks off as Coventry BS unveils a market-leading easy access account paying 3.25%.

Savers get priority in Government plans to reform banks

by Simon Ward | White Paper proposes that savers see their money before other creditors if a bank goes under.

Save to buy: the savings accounts that help you build a deposit

by Neil Faulkner | Some banks and building societies offer special save-to-buy savings accounts, designed to help savers build a decent deposit. But are they are better than normal savings accounts?

Santander eSaver: new instant access account pays 3.2%

by Ed Bowsher | Santander has launched a new market-leading instant access account, the eSaver. However, the account has one drawback.

Santander launches inflation-linked savings bond

by Cliff D'Arcy | Santander has launched a bond that promises to beat rising prices. Here's how it stacks up against the competition.

ING Direct increases rate on easy access savings account

by Ed Bowsher | ING Direct's easy access account is one of the best on the market and its one-year bonus beats all rivals.

Published in May 2012

Post Office leads the market with new easy access savings account

by ReenaSewraz | The Post Office has taken top spot with its new easy access savings account.

Fight inflation with a regular savings account

by ReenaSewraz | A regular saver offers a cracking rate of interest on your savings. But there is a catch.

GE Capital Direct: new online savings bank launches

by John Fitzsimons | GE Capital Direct, a new online savings bank, has unveiled two easy access savings accounts to coincide with its launch.

NS&I inflation-linked certificates: your best alternatives

by Neil Faulkner | With the confirmation there will be no new inflation-linked saving deals from NS&I this year, we look at the best inflation-beating alternatives.

Easy access, notice accounts, bonds, ISAs: get the best savings account for your situation

by Neil Faulkner | Whether you need to keep your money within arm's reach, or can afford to lock your cash up, we've got the right savings account for you.

The best supermarket financial products

by Neil Faulkner | Going with a financial deal from your supermarket could leave you considerably better off.

Published in April 2012

Your best bets for instant access savings

by Ed Bowsher | With inflation edging up again, it's even more important that you get a table-topping instant access account.

Teachers get an 'A' for savings

by Emma Lunn | New research by the Co-operative Bank shows that teachers save the most out of 25 professions.

Investec High 5 and High 10 savings accounts will ALWAYS be competitive!

by John Fitzsimons | The High 5 issue 2and High 10 savings accounts from Investec offer the average of the top savings accounts, so will always offer a great return!

Regular savers: earn 8% on your savings with no risk

by Cliff D'Arcy | With a regular savings account you can get a rate that beats even the highest-paying ISAs.

Encash: a new rival for Zopa, RateSetter and Funding Circle

by Ed Bowsher | As peer-to-peer lending continues to grow, a new brand is launched to compete with Zopa.

What to do if you've missed the ISA deadline

by Ed Bowsher | What are the alternatives to investing in an ISA?

Nationwide MySave Online Plus: new market-leading easy access savings account

by John Fitzsimons | Nationwide has unveiled a new easy access savings account paying a rate of 3.17%. But there's a big catch...

Secret accounts for senior savers!

by Cliff D'Arcy | Some of the best savings rates come from specialist accounts aimed at the over-50s.

Published in March 2012

We don't need the banks: why Zopa, RateSetter and Funding Circle are the future of banking

by Robert Powell | As online peer-to-peer lenders like Zopa, RateSetter and Funding Circle get the thumbs up from the business arm of the Government, Robert Powell visits a recording studio that has benefitted from this new form of finance and asks what needs to change before it really starts to rival the major banks.

Big budget month day 29: avoid these savings mistakes

by lovemoney staff | If you've got a savings account, or you're thinking of applying for a new one, watch out for these top blunders!

Big budget month day 28: how to start saving

by lovemoney staff | It's never too late to open a savings account. Here's how to get started.

Get a better rate on your savings by stashing your cash offshore

by Cliff D'Arcy | You can earn high rates of interest by saving offshore, but you must understand the risks.

Coventry launches best buy instant access savings account

by Simon Ward | Building society's new online account pays 3.15% in the first year.

The cost of not fixing your savings rate

by Robert Powell | Is it worth fixing your savings to get hold of a higher interest rate?

Why you shouldn't save for your kids

by Felicity Hannah | Saving for your kids should not be your top priority, for their sake as well as yours!

The one-year savings bond that offers a 5% return!

by John Fitzsimons | This new bond offers an unbeatable return, but you won't find it at your bank or building society.

Ditch these truly terrible savings accounts

by Cliff D'Arcy | There are a whopping 223 savings accounts paying less than 0.5% a year. That's truly terrible!

The UK's worst savings accounts

by Cliff D'Arcy | These accounts offer the worst rates of interest to savers.

Why Premium Bonds are a rubbish investment

by Harvey Jones | A third of us have money stashed away in Premium Bonds. But is there not a better home for our cash?

Published in February 2012

The best high-value fixed bonds

by Robert Powell | Robert Powell looks at the best paying bonds for savers with large deposits.

How to save like the Chinese

by Alison Hunt | The Chinese save as much as 47% of their disposable income each month. Is it possible to follow their example?

The best new medium-term bonds and ISA savings accounts

by Robert Powell | Medium-term accounts can offer healthy returns to savers who are unwilling to lock away their cash for a long time.

Get a better rate with a Sharia savings account

by Robert Powell | Savings accounts that are compliant with Islamic Sharia Law are now common within UK banking. And with competitive rates on offer, people of all religions stand to benefit.

Earn a rate of 4.65% on your savings

by Ed Bowsher | If you're prepared to lock your money away for a few years, you could boost the return on your savings to 4.65%. Or higher.

The savings account that's better than the best

by Neil Faulkner | The account with the best savings rate isn't always the right one to go for - and that is the case today.

The best ways to save for the short term

by Ed Bowsher | Here are the best ways to save if you think you'll want to access your cash in the near future.

NS&I cuts savings rates

by Robert Powell | The government sponsored provider has dealt a blow to savers by cutting the interest rate on one of its most popular accounts.

Savings Archive