NS&I and Marcus Bank cut rates – what’s the point of saving? The This is Money podcast
This week, savings have been in the spotlight with National Savings and Investments cutting rates on a number of its offerings, including popular Premium Bonds.
Both Marcus Bank and Saga also cut easy-access rates.
On this week’s podcast, Simon Lambert, Lee Boyce and Georgie Frost look at what’s behind the cuts and question: should savers head elsewhere, and what is the point of tucking money away for little interest?
Nationwide Building Society has launched a Start to Save easy-access account with a £100 lottery – is it any good and can it help get people into the savings habit?
We cover a curious case of one reader who found their Spotify infiltrated by someone with appalling music taste.
Simon reveals how he was stung by the loyalty penalty when a renewal letter came through from his insurer Halifax.
It hiked his premium, but after weeks of back-and-forth, couldn’t give him a concrete reason as to why.
And Lee looks at whether a Fitbit is worth the money and how a fitness tracker helped his mum, with an underlying health condition, become healthier.
Sad piggy: With NS&I cutting rates, many savers might be wondering what’s next for their pots
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