HSBC and First Direct cut regular savings rates to 1%
24 November 2020
1.1. These are the Terms and Conditions of Use ("Terms") for MoneySavingExpert.com. When we say "Site" we mean the MoneySavingExpert.com website, as well as any related apps, the tools on our website which can help you save money, our social media content and our Forum. Our Site is owned and operated by MoneySavingExpert.com Limited ("we", "us" or "our"). We're part of MoneySupermarket Group, but we're run independently, meaning we'll always write about what we think are the best MoneySaving products and services out there based on our own editorial judgement. You can find out more about this in the Editorial Code.
1.2. These Terms tell you:
We've tried to keep these Terms as short as we can and simple to understand. Please do read them and look out for changes as the latest version always applies. By continuing to use our Site, you'll be considered to have accepted these Terms. If you don't follow these Terms we may stop you using the Site.
Our Site is provided to you free of charge for your own personal and non-commercial use only. It's all about sharing MoneySaving information including regularly updated guides, tools and services, together with our views on how to save money. After lots of our articles you'll see a comments section where you can discuss the articles with other MoneySavingExpert.com users – plus our Forum is full of people sharing tips, hints and information on how to save money.
The information on our Site shouldn't be taken as any advice, representation, or arrangement by us – you're responsible for making (or refraining from making) any specific investment or other decisions. If we mention companies on our Site, we usually do so because of their attractive offers. We don't usually vet them on customer service or whether they may go bust. Because the impact of our Site information can vary based on your particular circumstances, you should always carry out your own research into the product or service that's of interest to you. You're responsible for the decisions you make and we're not liable for anything that happens as a result of you relying on the Site.
5.2. Some of our Site links are 'affiliate' links, which take you directly or indirectly to a product provider and which may result in us receiving money if you click through to its site or buy a product or service from it. However, as our How This Site Is Financed guide makes clear, our decision to include a link is never influenced by any money we could get.
Links from your website
5.3. If you link to our Site you'll need to follow these Terms and any relevant laws. You're also not allowed to pretend to be us, or suggest you're endorsed by us, or connected to us, or link to us from content that could be offensive.
6.1. All the content on our Site is owned by us or used with the permission of the people who own it – our licensers – and is protected by English and international copyright laws.
6.2. The trade marks 'MoneySavingExpert', 'Money Saving Expert', 'MSE', 'MoneySavingExpert.com', 'MoneySavingExpert.com Cheap Energy Club' and 'MoneySavingExpert.com Credit Club', among others, are owned by us or MoneySupermarket Group. The trade mark 'Martin Lewis' together with Martin Lewis's image are owned by Martin personally. All other brand names and trade marks that appear on this Site are trade marks or trade names belonging to other businesses. You're not allowed to use these brands or marks and doing so may infringe the owners' rights.
7.1. By 'user content' we mean anything posted by users on our Site, for example comments on articles or Forum posts. You should only post content you've created independently. You'll still be the copyright owner under UK copyright laws of that content, but by posting it on our Site you agree and give us a licence to use/redistribute/make available and/or sell it whenever and however we want to without needing your permission, or needing to pay you. We may also automatically track certain links in your Forum posts, through Skimlinks or our own technology. See our Skimlinks & Affiliated Links guide for more information on this.
7.2. We, or third parties we give permission to, can edit, change your content to meet our Site technical requirements, refuse to publish, or remove your content at any time. We're not responsible for the deletion or failure to store either your or other users' content.
7.3. If you're under 16 you confirm you have the permission of your parent or guardian to submit content to us.
8.1. We encourage debate and the sharing of MoneySaving information. However, we do require that your use of our Site is lawful and where you use our Forum – which is open to all – you follow the Forum Rules, which form part of these Terms.
8.3. We're not liable for any user content, which is the opinion of the person posting only and in no way reflects our opinions or attitudes.
8.4. You guarantee that the content you post on the Forum or our social media doesn't:
8.4.1. Breach these Terms;
8.4.2. Contain unlawful, libelous, misleading, discriminatory or fraudulent content;
8.4.3. Harm or offend other people in containing extremist views, appearing to incite or promote terrorist activities, or in being obscene, threatening, harassing, abusive, hateful, or embarrassing;
8.4.4. Contain personal information or infringe any intellectual property right or privacy right of anyone else.
8.5. We may remove posts or restrict your ability to post if you go against the guarantees you give at section 8.4 above.
8.6. You can report any post that you feel does not follow these Terms. For Forum posts, see our Forum Rules for further information on our reporting processes.
We operate, or have operated on our behalf, a number of MoneySaving tools, including, but not limited to: Cheap Energy Club, Credit Club, Broadband Unbundled, eligibility tools ("MSE Tools"). If you're submitting another person's information when you use the MSE Tools, you must get their permission first. In submitting their information, you're confirming to us that you've got their permission to do this and that they understand how we'll use their information.
9.1. Cheap Energy Club
9.1.1. Our Cheap Energy Club service offers three different ways to compare energy products and to switch suppliers: DIY comparison, Pick Me A Tariff and MSE Autoswitch. The energy products are only available in England, Scotland and Wales. The service is also not available for split-rate time-of-use tariffs such as Economy 10, Economy 9 and Economy 20:20 and we may remove you from Cheap Energy Club if we're not able to provide you the service. You must be aged 18 or older to switch energy suppliers under this Cheap Energy Club service.
9.1.2. The energy comparison services are only as accurate as the personal information you give us.
9.1.3. Because we show the whole of the market, your energy comparison results may include energy tariffs we're not able to switch you to. If you choose an energy tariff we can't switch you over to, we'll give you the option to go to the energy supplier's site direct. Here, it's your responsibility to update your account details to record the energy tariff you switch to. Where you choose an energy tariff that we can switch you to and we get paid, we'll give you roughly half of that money as cashback. By clicking on 'Switch & get cashback' your switch application will begin and we'll update your account with the new energy tariff details once your switch application has been accepted.
9.1.4. Cheap Energy Club doesn't yet factor early exit fees into any of its price comparisons. It's your responsibility to factor in early exit fees before switching to ensure that any energy supplier switches do include a price saving.
9.1.5. If you've any issues regarding switching using the Cheap Energy Club service you'll first need to contact your current energy supplier. If it's unable to help, we'll do our best to help at email@example.com.
DIY comparison service
9.1.6. Our DIY comparison service allows you to compare whole-of-the-market energy tariffs based on price savings (or other filters you choose to apply when viewing the results).
Pick Me A Tariff service
9.1.7. Our Pick Me A Tariff service allows you to select what is important to you when deciding whether to switch energy suppliers. The service works by collecting your tariff preferences and calculating a match rate of each tariff to those preferences. Tariffs are then ranked in order of match rate. You can choose your tariff preferences yourself, or use Martin's preferences based on his opinion of what he considers to be important when deciding whether or not to switch energy suppliers, which will be reviewed by Martin periodically.
9.1.8. We'll let you know if there's a tariff with a higher or equal percentage match to your current tariff, or where there may be an annual price saving. The amount of saving will depend on how many points you've allocated to the price preference category.
9.1.9. If you switch energy suppliers using the DIY comparison service or the Pick Me A Tariff service you'll have the option to choose to save your switch application information in your Cheap Energy Club account. By ticking the 'save your details' box you're agreeing to us storing your personal information for the purposes of making your next switch application faster and easier.
MSE Autoswitch service
9.1.10. Like the Pick Me A Tariff service described at sections 9.1.7 and 9.1.8 above, MSE Autoswitch works by collecting your tariff preferences and calculating a match rate of each tariff to those preferences.
9.1.11. We'll show you energy tariffs that most closely match your preferences. If you choose an energy tariff we can't switch you over to, we'll give you the option to go to the energy supplier's site direct, but we won't be able to autoswitch you.
9.1.12. If you choose an energy tariff we're able to switch you to, we'll then ask you a few more questions so that we can autoswitch you in future without having to ask you more questions. It means the answers to these questions, including marketing preferences, will apply for all MSE Autoswitch energy suppliers. We'll also ask you for your mobile number. If you give us your mobile number, we'll use it to send you Autoswitch notifications.
9.1.13. By ticking the 'Finish Autoswitch setup' box you agree that we'll save your switch application information for the purposes of autoswitching you in future.
9.1.14. We'll only ever switch you if you confirm that you'd like us to do this. If you don't do anything, you'll either stay on the same energy tariff or, if this is a fixed-end tariff, you'll be moved to your current energy supplier's standard tariff when the fixed-end tariff expires. Either way, this may mean that you are no longer on the tariff that most closely matches your preferences.
9.1.15. While MSE Autoswitch aims to switch you only when your fixed tariff ends or on the one-year anniversary of your deal, we may contact you to suggest that you autoswitch before then, if, in our opinion, there has been an energy market event that is likely to affect energy users.
9.2. Credit Club
9.2.1. Our Credit Club service has been created to help demystify your credit situation and show you the actions to take to improve it. We've built it in partnership with Experian Ltd ("Experian"), a UK credit reference agency. Credit Club allows you to check your credit score and boost your chances of getting credit.
9.2.2. By submitting your information, you're agreeing to:
9.2.3. Your affordability and eligibility results will be partly based on this personal information and partly based on your Experian Credit Report.
9.2.4. If, when you've registered to use Credit Club you've given us permission, we'll also contact you to let you know about consumer news, other MSE Tools, other MoneySaving tips, products and exclusives which we think you may be interested in.
9.3. Eligibility tools
9.3.1. Our eligibility tools match your data to the criteria companies are looking for to see your chances of successfully obtaining a particular product such as a credit card or loan.
9.4. In using Credit Club you're responsible for:
9.4.1. Checking that all information you provide on the Site is correct, complete and not misleading and that you disclose all relevant facts;
9.4.2. Ensuring that any username, password and/or other identification information you create is kept confidential and isn't shared with anyone. If you do share them, you're liable for anything that happens as a result of their use; and
9.4.3. Choosing a strong password to access your personal information on Credit Club. Your password can only be reset to the email address registered in our system.
10.1. Keeping our Site up and running relies on other technical providers, as well as making sure other people don't try to do bad stuff to our Site. This isn't always within our control and means that while we'll do our best, we can't promise that you'll always have access to our Site, or its content will be delivered uninterrupted and without mistakes, or that the Site will not have viruses or other harmful properties. We're not liable for anything that happens following your use of our Site and it's your responsibility to put in place your own security measures to make sure any content you get through our Site can't harm your own computer systems.
11. Compensating us. You agree to compensate us as a result of:
12. Final bits
12.1. If any parts of these Terms are found to be invalid, void or unenforceable it will be considered to be separate from the rest of these Terms, which will still apply.
12.2. Our failure or delay to act or enforce any part of these Terms shouldn't be seen by you as us waiving any rights.
12.3. The Terms are a contract between you and us about your use of our Site. No one can enforce any parts of these Terms for you.
12.4. English law governs these Terms and only the English courts can resolve any dispute between us.
13. Changes. These Terms were published on 25 September 2020 and immediately replace the Terms previously published on 29 June 2020.
Any questions? If you've any questions about our Site or these Terms, please contact us on firstname.lastname@example.org or by post at MoneySavingExpert.com, 1 Dean Street, London, W1D 3RB.
Posted: 25 September 2020
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