Benjamin Taylor

Money Analyst – Banking and Insurance

Latest from Benjamin Taylor

Bank of England increases base rate to 1.75% – what the rise means for your mortgage and savings

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 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 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 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

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