Personal Finance NewsAnalysis by Sainsbury’s Bank predicts that this December approximately £11.75 billion could be withdrawn from LINK ATMs, the UK’s cash machine network– equal to more than £379 million every day during the month. The supermarket bank, which has over 1,635 free-to-use ATMs across the UK, estimates that the number of cash withdrawals carried out at LINK ATMs in […]
Last week the regulator (FCA) announced a package of measures to improve competition in the savings market. The proposals included clearer information on interest rates, reminders when promotional rates come to an end and making it easier and quicker to switch accounts. Whilst any move to try to get people earning a better return on their […]
Research has revealed that 17% of learner drivers have acted as ‘designated drivers’ over the festive period and been relied upon to drive people home after a Christmas night out. However, the Co-op Insurance is urging people rethink their ‘designated driver’ plans and to leave learners drivers out of the selection process. The law states […]
Couples across the UK are keeping millions of pounds worth of money secrets from each other and potentially threatening their prospects of a comfortable retirement later in life, according to new research from Prudential1. The insurer’s annual survey of co-habiting couples over the age of 40 is now in its sixth year and found that […]
For personal customers: · Mortgage and loan repayment deferral for up to three months · Customers can close fixed savings accounts to access cash with no Early Closure Charge · Refunds on credit card cash advance fees · Customers can apply for increased temporary credit card limit · Customers can request an increased cash withdrawal […]
Christmas is the one time of year when your bank balance can take a real hammering, so it’s a big help if your employer enters into the festive spirit and pays your December salary a week or two in advance. This may initially prove to be a godsend particularly when faced with the extra cost […]
New research from Charter Savings Bank has found that more than a fifth of UK adults with savings are earning 0.5% interest or less on their primary savings account, which is less than the base rate set by the Bank of England. The research shows that as a result of historically low interest rates, combined […]
As Britain hits the shops ahead of Christmas and Government figures show one in 12 of us is falling victim to scams, Nationwide Building Society has just released its 12 top tips to avoid fraudsters during the busy festive period, as follows: Trust your instincts – is that must-have toy back in stock on an unusual […]
Tesco Bank customers with its credit building Foundation Credit Card are to receive free access to their credit score and be alerted every time there is a change to their credit report. The service is free for 3 years and is available to the Bank’s existing Foundation Credit Card customers immediately and to new card […]