There were more than 25,000 complaints about packaged bank accounts last year as Britons were left with monthly fees for perks rendered useless by the pandemic. Customers of the likes of Halifax, NatWest and Nationwide Building Society are charged upwards of £10 a month for additional benefits like breakdown cover, travel and mobile phone insurance … Read more
Proof a cash machine can help boost businesses: In one community, a brand new free-to-use ATM was installed last month – and shopkeepers say it’s already boosted local trade Thanks to requests from local firms and residents along Bishopthorpe Road, a high street just outside York’s city walls, a new cash machine was installed Since … Read more
More misery for embattled savers with fewer accounts on offer and rates at an all-time low By Money Mail Reporter For The Daily Mail Published: 22:00 BST, 20 April 2021 | Updated: 22:00 BST, 20 April 2021 Savers ave the choice of just 1,340 accounts while average rates have fallen yet again over the past year … Read more
Cash savings websites paying four times the best rates on offer from banks and building societies By Sylvia Morris For The Daily Mail Published: 22:01 BST, 20 April 2021 | Updated: 22:01 BST, 20 April 2021 Cash savings websites offer exclusive deals that pay four times the best rates on offer with banks and building … Read more
Three in four Britons don’t trust online banking as threat from scams escalates 76% said they ‘lack trust towards using their banking services online’ 81% say that ‘trust is the most important factor in their purchasing journey’ It comes as banks continue to close branches By Toby Walne for The Mail on Sunday Published: 22:21 … Read more
Markets addicted to inflationary monetary policy have central banks over a barrel, says ADRIAN LOWERY: So savers face negative real interest rates for years to come By Adrian Lowery for Thisismoney.co.uk Published: 07:47 BST, 16 April 2021 | Updated: 07:47 BST, 16 April 2021 Global markets have got central banks over a barrel. Both bond … Read more
Will this trigger a tax-free savings war? Marcus Bank now opens its near-best buy Isa paying 0.4% up to EVERYONE after it launched the account last week Tax-free account from Marcus was finally launched after two years of waiting It was initially open to existing customers only It still does not accept transfers but the … Read more
No green shoots for Isa savers as the new tax year sees saving rates fall as Marcus fails to spur a tax-free rate war Rates on easy-access Isas have fallen from 0.46% in March to 0.41% March and April is usually ‘Isa season’ when banks compete for savers’ cash Rates are now at an all-time … Read more
Natalie Ceeney, the country’s leading authority on the damage done to communities when banks and cash machines close, says the Government and regulator have just ‘months left’ to introduce rules that will safeguard nationwide access to cash. Failure to act swiftly, she says, will leave hundreds of communities up and down the country facing an … Read more
People could get cashback from local retailers without first having to buy something under new proposal An amendment to Financial Services Bill is to be debated in the House of Lords If accepted, cashback without purchase could be available as early as May By Jeff Prestridge for The Mail on Sunday Published: 22:32 BST, 10 April … Read more