Latest from Benjamin Taylor
Bank of England increases base rate to 3% – what the rise means for your mortgage and savings
This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.
3 November 2022
HSBC current account customer? You can now get 3% ‘easy-access’ on your savings – though you can earn more elsewhere
HSBC has upped the rate of its Online Bonus easy-access savings account to 3%, beating the top market rates. You'll need to have (or get) an HSBC current or savings account to get it, however, and the rate is significantly dented if you withdraw money.
24 October 2022
Barclays launches 5.12% linked savings account – here's how to get it
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.
4 October 2022
Bank of England increases base rate to 2.25% – what the rise means for your mortgage and savings
The Bank of England has increased the base rate to 2.25% from 1.75%. This 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.
27 September 2022
Asda shoppers can earn cashback with new rewards card – here’s how it stacks up
Asda has teamed up with Jaja Finance to launch the Asda Money Credit Card, which offers cashback on purchases at Asda and elsewhere. The cashback can only spent at Asda though. Below we explain the pros and cons and compare the new deal to other rewards options - where it's largely beaten.
15 August 2022
Bank of England increases base rate to 1.75% – what the rise means for your mortgage and savings
The Bank of England has increased the base rate to 1.75% from 1.25% - the biggest single rise in 27 years. This 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.
9 August 2022
Virgin Money increases easy-access savings account rate to a market-leading 1.71%
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. But you can get a better rate if you lock your money away.
28 July 2022
NatWest offers fee-free overseas spending until September - but there are better deals out there
NatWest is scrapping fees for spending abroad on select credit and debit cards until 2 September. This is good news for existing NatWest customers, but if you’re willing to switch there are better offers out there for fee-free holiday spending.
7 July 2022
Barclaycard launches the market's longest 0% spending card in over two years - here's how it compares
Barclaycard has launched the longest 0% spending credit card we've seen since May 2020, giving some 25 months interest-free spending - though not all will get the headline rate. If you NEED to borrow, 0% spending cards are the cheapest way – here's how it compares.
6 July 2022
Travelling abroad? Santander offers 1% cashback on overseas spending – but watch out for exchange fees
New and existing Mastercard credit card customers at Santander are now able to earn 1% cashback on overseas spending but the option will still be overly expensive for many with most of the bank's cards charging a 2.95% exchange fee. Here's everything you need to know.
13 June 2022