Gavin Shepherd

Money Analyst – Banking and Insurance

Latest from Gavin Shepherd

How to cancel your car insurance

How to cancel your car insurance

Just because your car insurance isn’t up for renewal yet, doesn’t mean you can’t cancel if you need to. This MoneySavingExpert guide explains when and how to cancel your car insurance policy.

15 August 2023

Buildings insurance

Buildings insurance

Buildings insurance is usually compulsory. This MoneySavingExpert guide covers what buildings insurance is and how to bag yourself a decent quote.

17 July 2023

Open Banking explained

Open Banking explained

MoneySavingExpert explains the new rules introduced through Open Banking about sharing your financial info with providers and what it means for your money.

28 February 2023

NS&I to cut Premium Bond prize rate to 4.4% – are they still worth it?

NS&I to cut Premium Bond prize rate to 4.4% – are they still worth it?

NS&I will decrease its Premium Bond prize-fund rate to 4.4% from 4.65% for its March 2024 draw and beyond. But this rate was already lagging behind interest rates on standard savings accounts – so are Premium Bonds still worth it?

11 January 2024

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

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

Skipton launches 7.5% regular saver for existing customers – here's who can get it and how

Skipton launches 7.5% regular saver for existing customers – here's who can get it and how

If you're a Skipton Building Society mortgage or savings customer you can now access its new 7.5% regular savings account.

6 June 2023

Hanley Economic launches top easy-access savings rate in 14 years at 4.25% - but you need to jump through some hoops to get it

Hanley Economic launches top easy-access savings rate in 14 years at 4.25% - but you need to jump through some hoops to get it

Hanley Economic Building Society's new easy-access savings rate is the highest in 14 years and it overtakes the previous top rate of 3.71%.

22 May 2023

Bank of England increases base rate to 4.5% - what the rise means for your mortgage and savings

Bank of England increases base rate to 4.5% - what the rise means for your mortgage and savings

The Bank of England has increased the base rate from 4.25% to 4.5%. 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.

15 May 2023

Chase to make big changes to its bank account in April – does it still stack up?

Chase to make big changes to its bank account in April – does it still stack up?

Chase has announced updates which will impact its current account for both new and existing customers. Here's what it means for both new and existing customers.

17 February 2023

Bank of England increases base rate to 3.5% – what the rise means for your mortgage and savings

Bank of England increases base rate to 3.5% – what the rise means for your mortgage and savings

The Bank of England has increased the base rate from 3% to 3.5%. 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.

20 December 2022

Chip to charge for autosaving in October - but free alternatives are available

Chip to charge for autosaving in October - but free alternatives are available

Savings app Chip will start charging customers with its standard free account for certain features, including its popular 'auto-saving' function, from 12 October 2022. Below we explain what's happening and the alternative accounts to consider.

5 September 2022

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

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