Savings Accounts

Whether you're saving for a house, retirement, or something else, make sure you're putting your money to work with a savings account.

Latest Savings Accounts Articles

Banks offer up to £200 switch bonus to entice disgruntled TSB customers

In the wake of TSB’s massive IT system failure last month, a number of high street banks have launched big current account switching incentives. The largest cash bonus is from HSBC, which is offering £200 if you switch to its Advance current account.

30 May, 2018

UK economy will bounce back in 2018 says Bank of England

The UK economy will improve in 2018 after a very weak start to the year, according to Bank of England governor Mark Carney. If the economy improves as he expects, the Bank of England base rate will likely rise from 0.5% to 0.75%.

23 May, 2018

Cryptocurrency explained: Bad for everyday purchases, okay for speculative investments

It’s an intriguing prospect, using cryptocurrency to buy everyday items, such as your daily latte or a takeaway pizza, and doing away with the need for cash or traditional banking services.

17 May, 2018

TSB refused help from Lloyds during multi-week IT outage

On Monday April 23, as TSB’s multi-week IT meltdown began, Lloyds Banking Group offered its assistance – but TSB declined, even as it became apparent that up to 1.9 million customers could no longer access their accounts.

17 May, 2018

tsb-compensation-IT-system-failure

If you were one of the 1.9 million people who were locked out of their TSB bank account for more than a week due to a catastrophically bungled IT system migration, you can now claim for some compensation.

11 May, 2018

UK base interest rate remains at 0.5%

The Bank of England has decided to keep the base rate at 0.5%. The decision was made by the BoE’s Monetary Policy Committee following a very weak period for the British economy: GDP growth was just 0.1% for the first quarter of 2018, far short of the 0.4% target set in February.

10 May, 2018

Moneyfarm review: Easily invest your ISA savings in the stock market

Moneyfarm is one of the easiest ways to invest in a stocks and shares ISA. You can sign up and invest some money (or transfer an existing ISA) in about 10 minutes, via a mobile app or website. Stocks and shares ISAs can provide some amazing returns – gains of up to 10% per year – but you should always remember that they can go down as well as up. If you’re okay with a higher level of risk, Moneyfarm is a great way to grow your savings – if you want something safer, consider a fixed rate cash ISA or fixed rate bond instead.

3 May, 2018

Savings accounts FAQs

Find the answers to all your savings account questions in this FAQ guide.

1 May, 2018

Why you should save money in an ISA

An ISA lets you build up your savings and earn interest without paying any income tax. But there’s a limit to how much you can save with an ISA per year. Here’s everything you need to know about ISAs.

1 May, 2018

ISA transfer guide

ISAs can be a good way to maximise your savings and avoid paying excess tax. However, leaving your money in the wrong account can leave you with pretty meagre returns. Transferring one ISA into a better ISA is usually your best course of action. Transferring ISAs is usually quite straightforward – but getting it wrong can drastically affect your savings.

30 April, 2018

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