moneysaving

Dismay for 25million savers as NS&I slashes rates as low as 0.6% – and halves monthly winners of £50 and £100 prizes on Premium Bonds From May an estimated 13,448 £50 and £100 prizes will be handed out This is half as many as were given out in the recent draw Overall there will be … Read more

Our savings picks: This is Money’s five favourite best buy cash Isas By Lee Boyce for Thisismoney.co.uk Published: 11:23 GMT, 17 December 2014 | Updated: 10:56 GMT, 11 February 2020 Every little helps: Savings rates might be low but at least an Isa means interest is tax-free Our assistant editor Lee Boyce picks his five … Read more

PCF Bank offers new best buy three-year fixed savings deal paying 2% – but this is LESS than the top 12 month bond a year ago as rates plummet PCF Bank’s deal edges out Gatehouse Bank and can be opened online or by post In February 2019, Gatehouse offered a one-year deal paying 2.15% Savings … Read more

Savers who back Neil Woodford-style funds face crackdown on withdrawals under Bank of England proposals By Lucy White For The Daily Mail Published: 21:50 BST, 16 December 2019 | Updated: 22:58 BST, 16 December 2019 Investors in Neil Woodford-style funds may have to wait or accept a discount if they want to pull their money … Read more

Let’s face it, long-suffering savers don’t get much in the way of rewards for their efforts at present. That makes it now more important than ever to avoid the tax man skimming some off the top.  Cash Isas are arguably still one of the best long-term tools to do so – these are savings accounts … Read more

Happy to wait for access to your savings? Take notice of these accounts paying up to 1.81% Fixed-rate bonds have been slashed while easy access accounts pay 1.5% at most There is a decent middle ground in the form of a notice account In return for requiring you to let the bank know in advance … Read more

Five out of the six High Street banks allow customers to bank cheques made out to their middle names By Samantha Partington For The Daily Mail Published: 22:00 BST, 10 September 2019 | Updated: 09:13 BST, 11 September 2019 Current account holders can still bank cheques made out to their middle names in five out … Read more

Freakish fail? Santander ditches its Money Monsters digital money boxes designed to educate kids Santander’s £30 cashless piggy bank was meant for 123 Mini Account holders Monsters were meant to teach kids about banking without apps or the internet  Bank claims initiative was a trial and that it kept sign ups to a small number … Read more

Principality’s pocket money account pays a top 4% on children’s savings with up to £250 a month that can be paid in By Sylvia Morris For The Daily Mail Published: 22:00 BST, 16 July 2019 | Updated: 09:54 BST, 17 July 2019 A new children’s account with Principality Building Society pays a top 4 per … Read more

Chorley Building Society launches a new savings deal just for the over-60s paying £1.35% By Sylvia Morris For The Daily Mail Published: 22:01 BST, 16 July 2019 | Updated: 09:18 BST, 17 July 2019 Chorley BS has launched a savings account that is available only to those aged 60 and over. Its top rate is … Read more