Advertisement
MOST RECENT ARTICLES FROM HELEN KIRRANE
Page
John Lewis now offers personal loans of up to £35k to customers - but can better rates be found elsewhere?
16/10/24 12:54
John Lewis customers will now be able to get a £35,000 loan through Zopa Bank. The retail giant is expanding its offering on its consumer finance arm John Lewis Money....read
Government to raise bank ring-fencing threshold to £35bn in boon for Chase and Marcus
15/10/24 03:00The Government has announced plans to raise the ring-fencing threshold to £35bn from £25bn.
First Direct has a free monthly prize draw where customers can win a jackpot of £3,500 - here's how to enter
15/10/24 05:00First Direct customers can win up to £3,500 in its monthly prize draw which it launched to celebrate 35 years of First Direct.
Fraud complaints about Revolut rise 146% in just two years
14/10/24 03:30The number of fraud reports mentioning Revolut to scam reporting body Action Fraud jumped by 36% to 9,793 in 2023 an FOI reveals.
Atom Bank launches a best buy easy-access savings rate with a catch
14/10/24 11:47Atom Bank has launched a top easy-access deal paying 4.85%. Only one other deal beats this - but there is a catch...
Virgin Money launches 0% balance transfer card - is it the best on the market?
12/10/24 06:00Virgin Money launched a balance transfer card with a 29-month 0 per cent interest period - though it does have a relatively steep one-off fee of 3.45 per cent on transfers.
TSB fined £10.9m for treatment of customers in financial difficulty
10/10/24 11:33TSB has been fined £10.9m by the FCA for its treatment of customers in financial difficulty.
Savers can still grab a rate of 5% or more with these providers
10/10/24 05:00Only a handful of providers are still offering savings deals paying 5% or above.
Two in five self-employed workers have no pension savings and teeter on the brink of a retirement crisis
09/10/24 11:10More than 4m workers in Britain have chosen to be their own boss for the flexibility and freedom it offers.
We're not as financially savvy as we think with one in three not knowing how a savings account works
08/10/24 11:01One in three people who consider themselves financially literate do not know how a savings account works.
Top savings fixes plummet as banks gear up for rate cuts and the Budget
07/10/24 01:46Top one and two-year fixed-rate bonds have plummeted according to Moneyfacts Compare.
BT says new AI tech is stopping 5m scam and spam calls a month - here's how
07/10/24 11:09BT is using AI-powered technology to beat scammers at their own game by blocking spam calls and flagging scam ones.
The 50p coin now rarer than the Kew Gardens one - have you found it in your change?
07/10/24 10:21The Royal Mint has announced that the 50p Atlantic Salmon is now the rarest coin in circulation.
My NS&I 6.2% one-year bond is ending - where should I put my money now?
05/10/24 06:00I took out NS&I's fixed rate Guaranteed Growth Bond paying 6.2 per cent almost a year ago and it is about to mature.
Lifetime Isa savers hit with £11,000 penalties by the taxman - here's why
04/10/24 06:00Around 74,000 savers were hit with Lifetime Isa penalties between 2022 and 2023, a Freedom of Information by Lifetime Isa provider Plum to HMRC reveals.
Meta announces data-sharing agreement with some major banks to fight fraud
02/10/24 03:26Facebook owned Meta has announced it will expand its data-sharing programme to include NatWest and Metro Bank.
Starling Bank slapped with £29m fine amid 'shockingly lax' financial crime controls
02/10/24 10:46Starling Bank has been fined £29million by the FCA for failings in its financial crime controls.
Nationwide completes takeover of Virgin Money - here's what is changing
01/10/24 03:49Nationwide announced it has completed its takeover of Virgin Money today in an email to members.
Premium Bonds saver scoops £100k prize with a £275 holding in October 2024 draw
01/10/24 11:11A lucky Premium Bonds holder based in Gloucestershire has bagged a £100k prize with a holding of just £275.
Lloyds Bank launches current account switching deal with £200 paid within THREE DAYS
01/10/24 05:00Between 2 October and 10 December, customers can make use of the Current Account Switch Service to move their account.
Cash Isas see extra £17.2bn pour into them in past 12 months compared to a year earlier
30/09/24 01:43Savers funneled £17.2bn more into cash Isas in the 12 months to August 2024 than they did in the same period during 2023.
How is YOUR bank protecting you from rising tide of AI voice clone scams?
27/09/24 05:01A sinister voice cloning scam is on the rise and millions of people could be targeted by it. Here's what the banks are doing.
Coventry launches best buy savings deal - but you'll only get the top rate if you open it online
26/09/24 11:01The best easy-access savings account is now being offered by Coventry Building Society - but it does have a number of catches.
Hilton launches first-of-a-kind travel rewards debit card with Currensea - is it any good?
26/09/24 01:35Two new debit cards which earn rewards points like a credit card have been launched by hotel giant Hilton powered by travel debit card platform Currensea.
Is it becoming harder to switch bank accounts for a cash bonus?
26/09/24 05:00Banks have introduced more hoops for customers to jump through to receive a switching incentive over the last four years.
Nationwide offers £175 bank account switching bonus and 1% cashback
24/09/24 11:01Nationwide has launched three new perks for new customers who open one of its current accounts today.
Prosper offers top micro-fix and 90-day notice savings rates up to 5.3%
23/09/24 09:32Savers can find the best short-term micro-fixed deals through savings and investing platform Prosper.
Trading 212 boosts its Isa rate making it the tax-free best buy
19/09/24 01:39Savings experts predict that rates will continue to drop now that the base rate has been held at 5%.
Interest rates held at 5%: What it means for your mortgage and savings
19/09/24 11:01We explain what the Bank of England's decision to stick at 5% means for your finances - and whether rates will be cut again soon.
Millions of savers will be caught in the interest tax net this year
18/09/24 02:45Many more savers will be forced to pay savings tax as interest rates have risen and people hit their tax-free limit.
The 15 towns getting a banking hub - is YOUR area next to get one?
17/09/24 11:01As rules protecting access to cash come into force today, 15 towns will see new banking hubs open within 12 months.
Millions could be caught out by little-known AI voice imitation scam - and one major bank warns 28% of Britons have already been targeted
17/09/24 11:01A sinister voice cloning scam is on the rise, but almost half of people have never heard of it.
Savers piled £42bn into cash Isas in the first half of 2024 to beat tax sting
17/09/24 03:09The amount of money savers poured into cash Isas in the first half of 2024 skyrocketed as they tried to shield their savings from tax.
New access to cash rules come into force this week - here's what is changing
17/09/24 05:01Under the new rules, banks and building societies will have to weigh up whether local communities lack access to cash services.
One in three keep most of their money in current accounts - despite far better savings rates on offer
09/09/24 11:01Holding savings in a bank account is bad news for most savers, as they will either earn very low or no interest on their savings.Trading 212 cuts its Isa to 5% but it's still the best buy tax-free rate on offer
09/09/24 02:39Savings rates have plummeted since the Bank of England cut the base rate to 5% last month.
NS&I can't find the account I opened for my goddaughter 18 years ago - is the £2k lost forever?
06/09/24 08:06I opened an NS&I account for my goddaughter when she was born and put money it in every month. She has now turned 18 but NS&I has said it can't trace the account.
Visa launches new account-to-account payments service and says it'll save Britons billions of pounds
06/09/24 05:00A new account-to-account payments service will be available from Visa from early 2025. We look at how it works.
Savers can now open cash Isas from multiple banks on Hargreaves Lansdown's savings platform
04/09/24 05:00Hargreaves Lansdown has become the only provider to allow savers to split their Isa allowance across multiple banks and multiple product types within a single Isa.
Fraud and scam complaints reach all-time-high
03/09/24 11:02Complaints about fraud and scams have hit a record high, official data from the Finacial Ombudsman Service (FOS) shows.
Two Premium Bonds holders scoop £100k prizes on their first draw and with holdings under £700…
02/09/24 10:56In September's Premium Bonds prize draw, two lucky Premium Bonds holders have bagged £100,000 prizes on their bond's very first draw.
How does Premium Bonds prize fund work compared to an interest rate?
30/08/24 06:01Premium Bonds are home to more than 22million Britons' savings. The prize fund rate is now 4.4% and the odds of winning a prize are 21,000 to 1.
NatWest's new credit card has 1% cashback on spending abroad - is it worth taking?
27/08/24 06:00NatWest's new card is aimed at UK customers who go abroad a lot, and will offer rewards on purchases made with the card outside of the UK.
Why now might NOT be the time to fix your savings at 5%
24/08/24 06:00Fixed-rate accounts have taken a beating since the Bank of England cut the base rate to 5 per earlier this month.
First new £1 coin design since 2017 enters circulation and features bees - are they a future collectible?
19/08/24 11:01Britons will start to find new £1 coins in their change this week featuring King Charles III and they might create a buzz for numismatists.
Should you ditch your savings account now if it tracks the Bank of England base rate?
18/08/24 07:01Savings rates have been plummeting since the Bank of England cut the Base rate to 5 per cent.
Britain's favourite banks revealed with Monzo, Starling and Chase leading the pack
15/08/24 02:20The nation's favourite banks have been revealed and digital banks are leading the way for customer satisfaction.
Should I pick local currency or pounds when paying by card abroad?
15/08/24 05:00There is only one right answer when it comes to paying the local currency or in pounds when on holiday.
How to get a top 6.1% one-year savings fix with Raisin and BEAT the best buys
14/08/24 01:26Savings rates across the board have suffered from the Bank of England base rate being cut to 5% earlier this month.
Amex launches boosted cashback deal of £125 for new customers
13/08/24 02:20New Amex Cashback Everyday Credit Card customers can now get 5 per cent cashback up to £125 on all spending.
Barclays launches new Amazon credit card - is it worth having?
12/08/24 01:50Barclaycard and Amazon have partnered to bring a new credit card. Users can earn cashback rewards which can be redeemed as Amazon vouchers
Premium Bonds rival? Chip savings account comes with a monthly £75k prize draw
12/08/24 06:00We look at how Chip's Prize Savings Account works, how it measures up to Premium Bonds, and what the odds are of winning big.
Savers warned to snap up fixed rates over 5% as top accounts could soon disappear
08/08/24 10:02Top-fixed rate savings deals could fall below 5% by the end of the month, savings experts have warned.
Store First investors targeted by scammers sending fake FSCS letters
08/08/24 06:00Criminals have been sending scam letters to people who invested in Store First pods, This is Money can reveal.
NS&I offers two and five-year fixed savings bonds for first time since 2009: How good are the rates?
06/08/24 11:58The Treasury-backed savings bank has launched new two- and five-year fixed-rate versions of its British Savings Bonds, for the first time in 15 years.
Revealed: All the savings rates that have been reduced since base rate cut including Chip and Zopa
05/08/24 10:07Rate cuts are usually bad news for savers, as banks reduce the interest paid on their savings accounts. We look at some of the rates which have taken a hit.
Why has it taken Plum almost a month to transfer £16,000 from my cash Isa to my bank?
03/08/24 05:00Why has my £16k transfer out of my Plum cash Isa to my bank account taken almost a month?
The savings account offering 10% interest! Virgin Money launches top deal
02/08/24 02:06The banking giant has launched a regular saver which allows £250 per month to go in. We take a look at the account.
TSB launches £190 current account switching bonus for new customers
01/08/24 03:07TSB is offering £100 cashback to be paid into the account in October - and a ramped up cashback offer.
Lucky saver wins £100k with £100 Premium Bonds holding bought in 2005
01/08/24 12:50A saver from Kent has scooped a huge amount from a tiny holding bought when James Blunt (pictured) topped the charts with You're Beautiful.
Bank of England FINALLY cuts interest rates to 5% - what it means for mortgages and savings
01/08/24 11:02The Bank of England has finally cut the base rate after maintaining interest rates at 5.25% for the past year.
NS&I reveals details of exclusive rate for 220k savers who opened 6.2% rate last year
31/07/24 10:36NS&I will offer new one-year Guaranteed Growth Bonds and Income Bond at 5.15% or 5.03% to existing bond holders.
Are you sitting on a Premium Bonds fortune you don't know about?
31/07/24 05:00Thousands of NS&I customers could be sitting on a Premium Bonds fortune without knowing it.
Last chance to bag best buy 5.21% cash Isa from Chip
30/07/24 09:40Chip's Isa currently has a limited added bonus of 0.11% for new customers who open an account on its app.
NatWest share sell-off to the public officially scrapped by the Government
29/07/24 04:56The Chancellor has today confirmed the retail sale of the government's remaining stake in NatWest will be scrapped.
Cash Isa savings glut continues with nearly £20bn heading into tax-free accounts in past three months
29/07/24 12:34Savers continued their cash Isa rush as £3.4bn poured into tax-free accounts in June, new Bank of England data shows.
Best student accounts: The banks giving out railcards, interest-free overdrafts and £110 cash
27/07/24 06:00Banks are offering a raft of new perks to attract students heading to university this year. We round up some of the best.
Is it worth getting a student current account?
26/07/24 06:00Being a student comes with a hefty price tag. For most sudents, it is their first taste of independence.
Revolut's first move as a bank: Customers can now pay cash in... but at a cost
25/07/24 11:01The digital bank has launched a cash deposit option for its 9million UK customers, though this is subject to limits and fees.
Revolut gets UK banking licence after three-year wait, allowing it to offer loans
25/07/24 03:42Popular e-money app Revolut has received a UK banking licence from the regulator after first applying for one three years ago.
Number of people who 'mainly' use cash RISES as Crowdstrike outage highlights risk of reliance on cards
25/07/24 08:56There was an uptick in people using physical money in 2023 - though most prefer cards and digital payments and two thirds say they would be comfortable leaving their wallet at home.
NatWest steals 83k new customers away from other banks with its £200 switching bonus
24/07/24 11:01NatWest reeled in 83,131 new bank account switchers in the first three months of this year.
The best buy 5.1% cash Isa that's become even more attractive - Chip accepts transfers
24/07/24 02:38Chip's Isa is a flexible, which means savers can take money out and pay it back in without using up part of your £20,000 annual Isa allowance.
Monzo customers will soon be able to merge old pension pots in the app
24/07/24 08:20Monzo has launched Monzo Pension, a tool which will allow customers to round up all their existing personal and workplace pensions and hold them in one place.
Watchdog uses new powers to protect cash - here's what it's making banks do
23/07/24 09:30Banks and building societies will have to asses local gaps in access to cash under new rules announced by the FCA.
How big should your emergency savings fund REALLY be?
20/07/24 06:00Savers could need up to £50,000 to have a sufficient emergency savings pot depending on their age and circumstances.
Best current accounts for children: Is Monzo now the perfect card for under 16s?
19/07/24 05:00Digital bank Monzo has become the latest bank to branch out into providing debit cards for children.
Five questions put to Nationwide bosses by its members at its online-only AGM
17/07/24 02:40Nationwide Building Society held its AGM today. The meeting was held online for the second year running.
Last chance to get a 5.1% easy-access savings deal from Chase Bank - is it worth opening?
16/07/24 02:39Tomorrow is the last chance for savers to get Chase Bank's easy-access deal paying 5.1%.
Santander launches student current account with 20 prizes of £27,750 - here's what you need to know
16/07/24 10:36The banking giant has launched a prize draw for new Santander Edge student current account customers containing 50 prizes worth up to £27,750.
Page
POPULAR MONEY SECTIONS
- Best savings rates tables
- Find the best mortgage calculator
- Power Portfolio investment tracker
- Stock market data and share prices
- This is Money's podcast
- This is Money's newsletter
- The best DIY investing platforms
- The best bank accounts
- The best cash Isas
- The best credit cards
- Save on energy bills
- Compare broadband and TV deals
- How to find cheaper car insurance
- Investing Show videos
- Financial calculators
HOW THIS IS MONEY CAN HELP
Advertisement
DON'T MISS
-
When will interest rates fall again? As inflation falls below 2% target - forecasts on how low it may go
-
The video game bars where you can enjoy a cocktail and play
Sponsored
-
How much will universal credit rise by next year after 1.7% inflation reading?
-
Mid-life marriage traps that could rob you of your pension and deny your children their inheritance
-
Bank of England must release the brakes by cutting interest rates, says ALEX BRUMMER
-
Best inflation-beating savings rates: Here's where to find the best deals
-
EV lobby group accuses motor industry sales figures of downplaying true scale of electric car demand
-
Would a national insurance hike for your employer cost YOU money?
-
How to sort Lasting Power of Attorney whatever your age - and why it's vital
-
The great second home fire sale: Where YOU can get a bargain as panicked owners try to beat tax raid
-
Tesla Model Y now comes with seven seats in major boost for eco-conscious large families
-
First Direct has a free monthly prize draw where customers can win a jackpot of £3,500 - here's how to enter
-
Chancellor has to find £100m extra in the Budget for state pension after key figure is revised
-
My Tesco credit card's supposed to be 0% interest - so how did I end up being charged £119? SALLY SORTS IT
-
Could we turn pension saving into a fix for our finances? This is Money podcast
THIS IS MONEY PODCAST
Latest from Saving & banking
- Best inflation-beating savings rates: Here's where to find the best deals
- Why I fear Premium Bonds could take a Budget hammering: SYLVIA MORRIS explains
- Five best cash Isas 2024: Top fixed-rate and easy-access deals
- Government to raise bank ring-fencing threshold to £35bn in boon for Chase and Marcus
- First Direct has a free monthly prize draw where customers can win a jackpot of £3,500 - here's how to enter
- Fraud complaints about Revolut rise 146% in just two years
- Atom Bank launches a best buy easy-access savings rate with a catch
- More than half of households don't have the minimum recommended 'rainy day' fund
- TSB fined £10.9m for treatment of customers in financial difficulty
- Why do banking apps and websites go 'down' - and what to do if YOURS has an IT disaster?
DON'T MISS...
Our pick of the best ISAs
Best savings rates
Savings accounts finder
Current accounts finderAdvertisement
Premium Bonds Winners
| Prize | Area | Value of bond |
| £1,000,000 | Derbyshire | £40,000 |
| £1,000,000 | Gloucestershire | £25,000 |
| £100,000 | Oxfordshire | £25 |
| £100,000 | Outer London | £500 |
| £100,000 | Buckinghamshire | £20,000 |
| £100,000 | York | £44,000 |
| £100,000 | Surrey | £5,000 |
| £100,000 | North Yorkshire | £35,975 |
More October 2024 winners
View list of October 2024 winners
More must reads...
Advertisement
