moneysaving

Fixed rate savings hit 3% for the first time in more than three years: But are savers wise to lock their cash away with further rate rises on horizon? Raisin platform offering five year deal paying 3%, double the best easy-access Savers signing up with £10k via This is Money’s exclusive link secure £25 bonus  Experts urge … Read more

At last, some good news for savers as interest rates on fixed bonds nudge up towards 2.5% By Sylvia Morris For The Daily Mail Published: 21:38 BST, 14 June 2022 | Updated: 09:16 BST, 15 June 2022 Savers are flocking back to fixed bonds as rates burst through the 2.5 per cent barrier to a … Read more

Marcus by Goldman Sachs raises rate on its online savings account and cash Isa to 1.3% to match top savings deals By Money Mail Reporter For The Daily Mail Published: 22:00 BST, 7 June 2022 | Updated: 09:54 BST, 8 June 2022 Marcus by Goldman Sachs has raised the interest rate on its online savings … Read more

Better late than never: Yorkshire and Nationwide building societies FINALLY reward savers with some of the best interest rates on the market By Ed Magnus For Thisismoney.co.uk Published: 07:00 BST, 30 May 2022 | Updated: 09:24 BST, 30 May 2022 Two of Britain’s biggest building societies upped interest rates on their savings accounts this month, … Read more

National Savings & Investments is finally increasing the number of Premium Bond prizes it pays out every month, boosting its 21million savers’ chances of winning.  From next month, NS&I will pay out an additional 1.4million prizes, cutting the monthly odds against winning for every £1 in Premium Bonds from 34,500 to one to 24,500 to … Read more

NS&I boosts Premium Bond rates: Millions of savers will FINALLY see the odds of winning a monthly prize grow – after four Bank of England rate hikes NS&I will increase the Premium Bonds prize fund rate from 1 to 1.4% from June Odds of each £1 Bond number winning will go from 34,500 to 1 … Read more

When WILL NS&I raise savings rates? It hasn’t improved some deals for six months – despite four base rate hikes since December Premium Bond prizes have been frozen at 1 per cent since December 2020  Its green three-year bond pays much less than savers can earn elsewhere  Its Direct Isa pays just 0.35% compared with … Read more

Four in five easy-access savers still keep their cash in accounts paying less than 0.1 per cent interest despite rates increasing at the fastest pace in a decade, new data has revealed. Although the average saver could net £176 in a year by switching to the best-paying account, many are yet to take advantage of … Read more

Savers can finally earn interest of up to 5 per cent – several times higher than at the start of the year. But you must be smart, not rely on high street banks and use tricks to maximise interest you receive.  Some savings deals are improving, but rates are not rising across the board. As … Read more

Banks slammed by savings experts for treating customers with ‘scornful disdain’ following failure to pass on latest Bank of England base rate rise By Toby Walne, Financial Mail on Sunday Published: 21:52 BST, 14 May 2022 | Updated: 10:00 BST, 15 May 2022 Greedy high street banks have been slammed by savings experts for treating … Read more