Personal Finance News

4 Mar

New – Mothers day offers for Amex customers

American Express has teamed up with skincare brand Kiehl’s, online florist Appleyard Flowers, and hand iced biscuit maker Biscuiteers, to reward eligible Cardmembers on their spending this Mother’s Day. Available now, Cardmembers can receive cashback when purchasing that special something for their mother. Whether near to, or far from loved ones this year, take advantage […]

23 Feb

Investec research reveals that only 26 of the top 50 instant access savings accounts are ‘clean’ and don’t have penalties or restrictions

New analysis of the top 50 instant access savings accounts for balances of £5,000, commissioned by Investec, reveals that only 26 of the top 50 instant access savings accounts are ‘clean’ and don’t have penalties, restrictions for withdrawing money, or rely on short-term bonuses to inflate returns.  The corresponding figures for the top 20 and […]

18 Feb

Lockdown savers planning £36bn injection into UK economy when restrictions ease

Britons who managed to save money during the pandemic are planning a £36bn spending spree when restrictions ease, according to new research1. The study, by ethical savings provider Gatehouse Bank, found more than two-thirds (68 per cent) of people have been able to put money away during the pandemic due to reduced expenditure such as commuting and other […]

11 Feb

Brits spend £1.9 billion on lockdown household celebrations

With the first lockdown Valentine’s Day fast approaching, it’s no secret that COVID-19 restrictions have put a halt to many of our plans over the last year. However, new research1 from American Express reveals that over half of Brits (54%) haven’t let lockdown stop the fun, actively celebrating at least two special occasions with household […]

9 Feb

HSBC re launches its £125 current account switching offer

HSBC UK is offering £125 in cash to those switching to its Advance or Premier current accounts, the bank announced today. By utilising this and the bank’s other benefits, customers could easily be hundreds of pounds better off. A cash offer of £125 to new customers who switch to an Advance or Premier current account, […]

3 Feb

£565 million lost every year when customers automatically renew car insurance

Finance experts TotallyMoney warn that customers could be offered a worse deal if they stay with their current car insurance provider than if they were to renew with a new provider: £565m is lost every year due to customers being loyal to current car insurance provider 14 million customers are paying on average an extra £40 by renewing […]

29 Jan

Topping up emergency fund and travelling abroad are top priorities for savers in 2021

A survey by Paragon Bank found that topping up ‘rainy day’ funds and booking a holiday are two leading financial priorities for savers this year. In a survey of more than 2,600 customers, Paragon Bank asked savers about their long-term plans for any money saved during the pandemic. The research showed that 29% of savers […]

25 Jan

Homeworkers in sheds and outbuildings urged to protect their possesions

As millions of UK residents continue to work from home, Aviva is urging people to take extra care of their possessions when using summerhouses, outbuildings or sheds as workspaces. ONS data suggests around 13 million UK people became home-workers last year as a result of the pandemic(1) and sales of sheds and summerhouses have been rising […]

12 Jan

Customers throwing away £676 by not transferring credit card balances

Research by finance experts, TotallyMoney shows that Brits paying interest on their credit card debt are wasting hundreds of pounds by not switching to a better deal. Customers can save a massive £676 in interest by transferring the average credit card balance of £2,177 to a 0% balance transfer card of 21 months A huge 54% of […]