Making the most of low inflation

Lower inflation offers savers some respite in the current record low interest rate environment. There are many economic factors that affect inflation and it’s predicted that this dip is to be temporary but in the meantime it’s wise that savers … Read More

Posted in Inflation | Leave a comment

Halifax launches new 18 month fixed rate ISA paying 1.60% while Skipton’s bonus cash ISA goes online

Halifax has launched a new 18 month fixed rate ISA, paying 1.60% and has replaced its 2 year fixed rate ISA paying 1.60% with a higher paying version at 1.65%. Symptomatic of this ISA season, this change appears to be the … Read More

Posted in Savings Rates | Leave a comment

From 2016, a basic rate taxpayer could have more than £70,000 before paying tax on the interest

The Chancellor’s focus on savers continues and this time it covers everyone. We welcome any changes that bring some respite to savers and at first glance these will help the great majority of UK savers to benefit from tax free … Read More

Posted in Bank savings rates | Leave a comment

Shawbrook Bank launches new 3 and 5 year fixed bonds and 1 year fixed ISA to grace the top of the savings charts

Shawbrook Bank has launched new versions of its 3 and 5 year fixed rate bonds and 1 year fixed rate ISA paying higher rates than the previous versions. The 3 year bond is now paying 2.60% (previously 2.45%) and beats … Read More

Posted in Savings Rates | Leave a comment

Santander ups rates on its cash ISA range but the best deals are still for existing customers

Santander has launched a new range of cash ISAs, replacing its existing ISA range with new versions at improved rates. The 2 year fixed rate ISA exclusive to 123 Current Account or Santander Select customers is paying 2% (the previous … Read More

Posted in cash, cash Isas | Leave a comment

Six years of record low base rates haven’t helped, but it was funding for lending that really hurt savers

Today marks the 6 year anniversary of the Bank of England base rate falling to a record low 0.50%. A time when savings rates of around 3% were still achievable and continued to be so until the second blow came … Read More

Posted in Savings Rates, Uncategorized | Leave a comment

HSBC Advantage offers fantastic ISA offer to existing account holders/ Charter Savings Bank enters market

Charter Savings Bank has entered the savings market with the launch of a range of variable and fixed rate savings accounts. The new challenger bank has launched an easy access account paying 1.25% and a 95 Day Notice Account paying … Read More

Posted in Savings Rates | Leave a comment

The worst cash ISAs named and shamed – make sure you switch

As we approach the end of the tax year, all eyes turn to the banks and building societies to see what tempting Cash ISAs they might offer up for one of the busiest savings periods of the year.  While many … Read More

Posted in cash Isas | Leave a comment

Post Office ISA allows mix of fixed and variable rates. Shawbrook launches cash ISAs.

Shawbrook Bank has today launched its first publicly available cash ISAs. There are two types, a 2 year fixed rate ISA paying 1.75% and a 120 day notice cash ISA paying 1.45% and both accept transfers in from previous ISAs. … Read More

Posted in Savings Rates | Leave a comment

United Bank UK raising the rates but big banks lowering fixed rates

United Bank UK has increased the rate on various fixed rate bonds for new accounts opened. The 1 year Fixed Deposit is paying 1.75% (previously 1.50%), the 2 year Fixed Deposit is paying 2.15% (previously 2.06%), the 3 year Fixed … Read More

Posted in Savings Rates | Leave a comment
Page 1 of 512345