Savers Passing Up Interest By The Book
Posted in:
Savings Accounts
Customers who insist on a passbook with their saving account are receiving an average of 0.5 per cent less on their cash, according to analysis by MoneyExpert.com.
Nationwide Calls For Tax Reform On Children’s Savings As Christmas Approaches
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Savings Accounts
As 2007 draws to a close, Nationwide Building Society calls on the Government to bring about tax reform on children's savings in 2008. The Society reveals that parents who regularly pay money into their child's savings account could be faced with a tax bill of more than £6,000 over 18 years.
Alliance & Leicester Launches New Internet Savings Account
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Savings Accounts
The new account, which is for balances of between £1 and £75,000, pays interest monthly and is ideal for customers saving a lump sum for the longer term, or for those who want a monthly income from their savings.
Two Thirds Of People Dip Into Their Savings For Treats
Posted in:
Savings Accounts
The
UK is a nation of naughty savers who regularly dip into their savings
for treats, even though most tuck their money away for specific reasons.
Nearly Half Of All Savers Not Sure What Their Savings Rate Is
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Savings Accounts
According to a new report by Sainsbury's Bank, almost 49 per cent of savers are unaware of what the interest rate on their account is.