First Direct in danger of losing its customer-service crown amid flood of complaints about call wait times By Fiona Parker For The Daily Mail Published: 22:00 BST, 6 July 2021 | Updated: 22:00 BST, 6 July 2021 On Hold: First Direct customers are complaining about call wait times First Direct is in danger of losing … Read more
Marcus savers urged to act now to bag bonus rate: Goldman Sachs account is top easy-access deal at 0.5% By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 6 July 2021 | Updated: 22:01 BST, 6 July 2021 About 700,000 savers were given a boost last week when the popular Marcus account raised … Read more
SIMON LAMBERT: Britain’s lockdown saving may be running out of steam but NS&I Green Bonds hint at what we can do with the £200bn we’ve saved By Simon Lambert for Thisismoney.co.uk Published: 06:00 BST, 1 July 2021 | Updated: 06:00 BST, 1 July 2021 Is Britain’s lockdown savings habit running out of steam? Figures released … Read more
It may not beat the excitement of defeating Germany 2-0 at Wembley, but like England fans, savers also have some reason to cheer. The Marcus Bank savings account by Goldman Sachs and the new Limited Access Saver account by Coventry Building Society are now both offering savers an easy-access savings rate of 0.5 per cent. The … Read more
SIMON LAMBERT: Britain’s lockdown saving may be running out of steam but NS&I Green Bonds hint at what we can do with the £200bn we’ve saved By Simon Lambert for Thisismoney.co.uk Published: 06:00 BST, 1 July 2021 | Updated: 06:00 BST, 1 July 2021 Is Britain’s lockdown savings habit running out of steam? Figures released … Read more
Visa to buy Swedish fintech start-up Tink for nearly £2bn: Payments giant snaps up open banking platform after being forced to abandon similar deal Visa is buying Swedish fin-tech Tink for $2.2bn Tink develops technology to allow fintechs to connect to customers from different financial institutions It comes after Visa was forced to abandon its … Read more
Make your business savings work harder: Investec boosts the rate on its notice account – where are the best deals found? Investec has upped its 32-day business savings rate to 0.65% Investec’s account takes top spot in the 35-day notice or less category Businesses typically struggle with low rates as most providers pay 0.25% or … Read more
Savers paying the price for loyalty: High Street banks paying lowest rates on easy-access account By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 22 June 2021 | Updated: 22:52 BST, 22 June 2021 Savers are missing out by sticking to High Street banks for their easy-access savings. They have £927 billion in … Read more
National Savings & Investments forced to pay out almost £1m in compensation as result of customer service meltdown By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 BST, 19 June 2021 | Updated: 21:50 BST, 19 June 2021 National Savings & Investments was forced to pay out almost £1million in compensation as a result … Read more
Savings habit slump: Britons continued to stash money away as lockdown eased – but the average amount dipped by 29% People are still saving after lockdown restrictions have eased, new data shows However, the average amount being saved is 29% less than in March More people are found to be spending on eating out and … Read more
A quarter of Britons have less than £500 saved despite a recent surge in people tucking cash away in the pandemic Some 13% of UK adults have no savings at all whilst 26% have less than £500 The figures indicate a widening of the financial wellbeing gap Many adults are saving less as spend more … Read more
The amount of money saved into Lifetime Isas more than doubled last year as deposits into tax-free accounts aimed at first-time buyers topped £1billion for the first time. In a sign the Lifetime Isa is becoming increasingly popular, the number of accounts which received deposits in 2019-20 also more than doubled to 545,000, according to … Read more
Metro Bank cuts interest it pays on its savings accounts – and experts advise customers to shop around By Jeff Prestridge, Financial Mail on Sunday Published: 21:50 BST, 12 June 2021 | Updated: 09:58 BST, 13 June 2021 Metro Bank has taken an axe to the interest it pays on its savings accounts. In a … Read more