Five ways to set and achieve your savings goals

It’s a fact – people who set savings goals save faster than those who don’t. What’s more, figures from NS&I show that people who have a have a financial focus save up to £550 a year more than people who … Read More

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Are long term fixed rate savings accounts really worth it?

High street banks and building societies are trying their best to lure savers into locking into today’s low interest rates with accounts that tie up cash for as long as seven years. Newcastle Building Society has become the latest to … Read More

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Fed up with the Co-op Bank debacle? Where should savers look for ethical banking now?

One in five Co-operative Bank customers are considering taking their business elsewhere after a scandal-hit year, according to new research writes Kara Gammell. Figures from Moneywise Magazine show that 18% of Co-op Bank customers said they are currently considering switching … Read More

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How to make sure your cash does not languish in a low-interest paying zombie savings account

Consumers are missing out on £4.3 billion a year by letting their cash languish in low-interest savings accounts. But there are very simple ways to make sure this doesn’t happen to your money. Thousands of savers have money sitting in … Read More

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Finding a Sharia’a-compliant savings account

Sharia’a compliant savings accounts are designed to allow the millions of Muslims living in the UK to save money without compromising their faith. But what was once viewed as a niche product in the savings market has becoming increasingly popular … Read More

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Five ways to boost your bank balance

The economic downturn has forced many consumers to become very crafty when it comes to cost cutting, but new research suggests that is not exactly the case when it comes to building up our savings accounts. According to Standard Life … Read More

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Where to find an inflation beating savings account

Just one-in-five savings accounts pay enough interest to negate the effect of inflation after the Consumer Prices Index (CPI) fell to 1.6% in March writes Kara Gammell. This is the third consecutive month inflation has undershot the Bank of England’s … Read More

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Can peer to peer lending make up for those paltry savings rates?

With the average Isa paying just 1.65%, it’s not surprising that a number of savers are turning to the alternative finance market for higher returns writes Kara Gammell. The UK’s peer-to-peer lending industry is developing at a rapid rate as … Read More

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Fixed rate savings and the New Isa – which banks are setting the pace and should savers wait for better rates?

Our new savings columnist Kara Gammell looks at the High street banks that are embracing the expanded Nisa and what is means for savers. After the worst Isa season on record, savers were jumping for joy when the Chancellor announced that … Read More

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