One personal and business bank account provider is in hot water yet again over actions that purportedly trap savers into ISAs with low rates of return using a ‘bait and switch’ tactic, experts say.
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Majority of SMEs rely on savings for working capital in 2011
According to the findings of a recently released research study, two out of every three small business bank account holders relied on savings for their working capital in 2011.
M&S wants its new instant access ISA to be your favourite
The new instant access ISA from Marks & Spencer is angling to become the favourite of savers in the UK, thanks to its bonus-free interest rate of 3 per cent.
Inflation rate drops to 3.6 per cent, savers rejoice
Savers finally have a reason to celebrate, as the announcement that the consumer prices index has dropped to 3.6 per cent last month means that, for the first time in a long time, many savings accounts are actually offering real gains in their interest rates.
Don’t throw out your chequebook just yet
If you’ve been debating whether to throw out your chequebook because you hardly ever use it any more, experts say you should wait, as paying by cheque could be making a comeback due to new technology.
Banks launch glut of ISA savings offerings
Personal and business bank account providers in the UK have launched a glut of ISA savings products in the run-up to the new tax year, industry experts recently reported.
M&S Money launches new 3 per cent cash ISA
One personal and business bank account provider has recently announced it is offering a new 3 per cent cash ISA that will allow transfers in from existing savings pots, experts say.
Turning around RBS costs £38b, says Stephen Hester
According to the chief executive officer of one beleaguered personal and business bank account provider, it has taken around £38 billion in charges so far to clean up the bank – with more costs looming on the horizon, banking experts added.
What are your credit card details worth? Try £19
Russian websites sell on the stolen personal details of thousands of credit card holders in the UK for around £19, new research recently revealed.
Fake Tesco Credit Card Twitter account targets users
Users of the social media site Twitter were targeted by scammers looking to get credit card information from Tesco Bank customers recently in an attempt to get them to pass along their telephone numbers, supposedly to be contacted by a Tesco customer services member.
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