MoneySavingExpert News

Interest rate

Should you fix your mortgage and savings now as Bank of England holds base rate at 5.25%? Your options explained

Savers should consider locking in a top fixed rate now as the Bank of England has held the base rate at 5.25% for the second time in a row.

2 November 2023

Savers to be sent switching prompts in crackdown on low rates - here's what's happening

Savers with accounts that pay low or no interest will soon be prompted to consider alternatives under a crackdown by the regulator.

31 July 2023

Martin Lewis: What you need to know NOW about mortgage rates

MoneySavingExpert.com's founder Martin Lewis explains what you need to know now about mortgage rates in the latest episode of ITV's The Martin Lewis Money Show Live.

9 February 2023

Tesco Bank savers could miss out on rate rises unless they take action – here's what to do

Tesco Bank has upped the interest rate on its easy-access cash ISA, but existing customers can only benefit by opening a new account and transferring over their savings.

22 August 2022

Bank of England base rate jumps to 0.5% – what the rise means for you

The rate is used by the central bank to charge other banks and lenders when they borrow money – and influences what borrowers pay and savers earn.

15 February 2022

Got a Marcus or Saga easy-access account? 100,000s can boost their savings by 0.1 percentage points, but you'll need to act

Savers with a best-buy Marcus easy-access savings account and/or cash ISA can boost their interest rate by 0.1 percentage points on each account so long as they don't already have a bonus rate attached to it

5 October 2021

NS&I customers struggle to withdraw savings due to 'technical issue'

Savers trying to make withdrawals from National Savings and Investments (NS&I) accounts ahead of next month's massive rate cuts have found they are unable to access their money due to an ongoing "technical issue"

2 October 2020

Interest rates on Club Lloyds and Bank of Scotland Vantage accounts to be slashed

Lloyds and Bank of Scotland customers will earn less interest on Club Lloyds and Vantage accounts from October

23 July 2020

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