Gavin Shepherd

Money Analyst – Banking and Insurance

Latest from Gavin Shepherd

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