MoneySavingExpert News
Saving

Chase, the app-based bank account, is boosting the interest rate on its linked easy-access savings account to 2.1% – its first rate rise since the bank's launch last year. New and existing savers will automatically get the new rate from Monday 24 October – but you can already get higher easy-access rates elsewhere.
16 October 2022

Barclays has launched a new linked "Rainy Day Saver" savings account for Blue Rewards members, which pays 5.12% interest on balances of up to £5,000 – over double the top open-to-all easy-access account. You need to jump though a number of hoops to get it though. Here's what you need to know.
3 October 2022

NS&I will increase its Premium Bond prize-fund rate to 2.2% from 1.4% in its October draw, increasing the odds of a win from 24,500-to-one to 24,000-to-one. The change means there will be around 100,000 extra chances of winning in the October draw – with a small increase in the number of larger prizes available and a drastic increase in the number of £50 and £100 prizes on offer.
26 September 2022

If you're one of over 300,000 savers holding NS&I's 'Guaranteed Growth Bonds', you could be missing out on £100s in interest if your bonds have auto-renewed. That's because, until this week, the interest rate you're moved to hadn't risen in line with recent rate rises elsewhere on the market. So check your rate now, as you only have 30 days from renewal to cancel and switch.
31 July 2022

Virgin Money has increased its M Plus savings account’s interest rate to a table-topping 1.71%, the highest rate for an easy-access account since September 2013. New and existing savers will automatically get the new rate from today. But you can get a better rate if you lock your money away.
27 July 2022

Pension savers reclaim almost £900m in overpaid tax since 2015 – are you due a rebate worth £1,000s?
Savers dipping into their pension pots have reclaimed £892 million in overpaid tax since 2015, new figures show. If you've taken a taxable lump sum from your pension for the first time, you could be owed too due to a tax code error – here's how to claim the money back.
21 July 2022
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