MSE News

Interest rate

Nationwide to cut interest and overhaul overdraft fees on FlexPlus account – is it still worth it?

Nationwide has started telling customers about changes it's making to its FlexPlus packaged bank account in November, which include slashing in-credit interest and raising overdraft fees for many. We've full details of the changes below, plus our analysis of whether the account will still be worth it

27 August 2019

TSB Classic Plus current account interest cut to 3%

TSB has cut the interest on its Classic Plus current account from 5% to 3% from today

2 July 2019

200,000 Lloyds, Halifax and Bank of Scotland customers to get payouts after admin blunder

Around 200,000 Lloyds, Halifax and Bank of Scotland customers are owed payments of £30 each on average, due to administrative errors dating back to 2012 which may have led to them not switching to better products

26 April 2019

TSB to cut interest rate on its current account to 3%

TSB has announced it's cutting the interest rate on its Classic Plus Current Account from 5% to 3% this summer - and it's temporarily reviving its £75 switching incentive for those who refer friends and family to the bank

8 April 2019

New top easy-access savings account as rates rise

Nottingham Building Society has launched a new market-leading online easy-access savings account, paying 1.55% interest on £1,000 or more

29 October 2018

Big banks hike mortgages but keep schtum on savings after base rate rise

Some banks and building societies are hiking mortgage prices after yesterday's base rate rise, but not savings rates

3 August 2018

UK interest rate raised to 0.75% - what you need to know

The Bank of England today raised the base rate from 0.5% to 0.75%

2 August 2018

UK interest rates rise latest - what banks are doing

The Bank of England on Thursday raised interest rates from 0.25% to 0.5% - the first rate rise in over a decade

2 November 2017

Some tracker mortgage rate rises to hit TODAY

Some banks will begin raising mortgage rates immediately, in the wake of the interest rate rise

2 November 2017

UK inflation hits five-year high – what it means for you

The UK's key inflation rate hit 3% in September, the highest it's been since March 2012

17 October 2017

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