Tag: savings
Halifax explains reason for letters and says ‘it’s our legal duty’
A customer contacted Halifax to voice their frustration at receiving the letter …
HMRC to send out 6 million unexpected bills to ‘rule break’ UK households
Personal Savings Allowance allows people with savings accounts to avoid paying tax on the first £1,000 of interest. …
Bank raises interest on savings account to 4.68% and earns ‘excellent’ rating
The new savings deal grabs a “market-leading” position. …
UK bank offering £175 for simple switch
The bank claims a new account can be set up “in minutes” and has a number of great perk …
Plum boosts interest rates on two ISAs offering customers up to 4.95%
The provider raised interest rates to remain “competitive” in the changing savings market. …
Labour issues update on plans to reform ISA investment rules
You can currently deposit up to £20,000 a year into cash ISAs …
Lloyds launches new current account offering over £100 worth of monthly benefits
Account perks mean customers “will make money” by opening one, Lloyds Bank said. …
Full list of NatWest changes to hit accounts ‘within days’
The banking giant has confirmed it will cut interest rates on four savings accounts from May 30 which means customers may get less on the money they put in. …
Octopus Energy launches new tariff offering up to £200 savings
The tariff aims to deliver “meaningful savings” for customers. …
The Crusader: Solution for savings interest deadlock brings relief to older customer
If anyone knows the feeling of helpless misery that descends when you’re faced with deadlock it’s Janice Jones who fell into a chasm over taxable interest received on an account that wasn’t hers. …
