savings

How good is Virgin Money’s 2.25% regular savings account?

Thursday, 22 September 2016 | News

Virgin Money has launched a new regular savings account, offering flexible deposits and access with 2.25% interest and a Premium Bond-style bonus system offering the chance to win wine, holidays and more.

Market tracker: Where next for savings and loans?

Wednesday, 21 September 2016 | Article

Savers are still suffering, and it looks as though rates are going to get much worse before they start to improve.

Savings update: rates drop yet again with interest rate cut expected

Monday, 01 August 2016 | News

Rates are falling fast ahead of the expected cut in Bank of England base rate from 0.5% to 0.25% later this week. Big banks pay less than 1% on fixed rate bonds and cash Isas for a year.

Earn 2.5% interest on your savings - if Man Utd win the Premier League

Wednesday, 20 July 2016 | News

The new ‘Champions Bond’ is a one-year savings account offered by Virgin Money, after the bank announced earlier this week that it has partnered with the Red Devils.

Savings update: deals slashed ahead of interest rate decision

Tuesday, 12 July 2016 | News

Banks are busy cutting rates on their fixed-rate deals ahead of Thursday's (14 July) meeting when the Bank of England will announce whether it will cut base rate from 0.5% to 0.25%.

Savings update: interest rate cut will be bad news for savers

Monday, 04 July 2016 | News

Savers could face lower interest rates this summer. Last week Mark Carney, governor of the Bank of England, hinted that base rate could be cut from its current 0.5% to 0.25% in July or August.

Savings update: snap up top deals before Brexit hits rates

Tuesday, 28 June 2016 | News

Savers keen to snap up the top fixed rate on their money will need to act fast as the best deals are likely to be withdrawn imminently.

Savings update: Charter Savings Bank tops fixed-rate bond table

Monday, 13 June 2016 | News

Charter Savings Bank has launched a one-year fixed rate bond paying a top 1.66% before tax (1.33% after tax), available online. The next best deals come from French-owned RCI Bank at 1.65% (1.32%).

Savings update: Little sign of high street banks at top of rates tables

Wednesday, 04 May 2016 | News

Savers suffered more rate falls last week while Nationwide, the largest building society, has said it will cut rates on some of its accounts from the start of next month. 

Tax-free savings are changing: what you need to know about the personal savings allowance

Tuesday, 29 March 2016 | Article

The new tax year will bring some big changes to how your savings are taxed. From 6 April 2016, most people will no longer have to pay tax on the interest earned on money held in their bank or building society accounts.