This Is Money - Saving & banking
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Moving your cash has got quicker but it's still costly and confusing published yesterday at 09:02
More than a year since a radical overhaul was supposed to cut the time and cost of moving money from your bank account, the system is as confusing as ever. But the Penns (pictured) have found a system that works.
Article from This Is Money - Saving & banking
Nationwide says it is opening 1,000 current accounts a day as customers ditch banks published on Wednesday at 15:55
Nationwide said it opened over 365,000 new current accounts, with a record 123,000 customers switching their main account over the past year - up a whopping 58% on last year.
Article from This Is Money - Saving & banking
Transfers from CTFs proposed to rescue savings of 6m children published on 15 May
Treasury ministers want to lift a ban on transferring the money to Junior Isas, which have higher rates, lower charges, and wider investment choice.
Article from This Is Money - Saving & banking
Zopa to ring-fence savers' cash in bid to shore up confidence published on 8 May
Zopa, which has matched more than £300m of savers’ money with borrowers, has set up an emergency fund to pay out to savers whose loans to bad debtors aren’t fully repaid.
Article from This Is Money - Saving & banking
M&S Bank Advantage Isa savers face rate cut on Friday published on 8 May
Savers wooed by M&S Bank’s top-paying cash Isa last year will see their rate cut again from Friday. The Advantage Cash Option Isa rate will fall to a tax-free 1.3%.
Article from This Is Money - Saving & banking
Bonuses on easy-access savings accounts plunge by 66% published on 1 May
Some big names have slashed these headline offers by as much as two-thirds, while others have ditched them altogether.
Article from This Is Money - Saving & banking
Halifax gives child savers a rate boost with one of High Street's top deals published on 1 May
Raised the rate for the 400,000 children already in the account; it’s open to those aged up to 16 on a minimum £1 and gives easy access to the money.
Article from This Is Money - Saving & banking
Savers who complain to bank over miserable Isa rates sent packing published on 1 May
A growing number are turning to the Financial Ombudsman Service dispute settler, saying they were left in the dark when their rate of return fell.
Article from This Is Money - Saving & banking
Five million who bank with LLoyds to become TSB customers published on 1 May
The Co-op has pulled out of a deal to buy more than 600 Lloyds branches, leaving five million customers in limbo. Here, we explain everything you need to know . . .
Article from This Is Money - Saving & banking
Why now is the time to switch your cash Isa published on 24 April
Research from the Office Of Fair Trading reveals that four out of ten transfers made each year take place between May and July.