Fixed rate savings accounts – what’s on offer?
If you can leave your money in a savings account for three or five years, you could get a better rate

For many months, interest rates on savings accounts have been low - at the lowest levels I can remember, so it may seem perverse to lock into a fixed rate savings account now. However, interest rates on longer term fixed rate savings accounts (three years plus) have started to increase – slightly. And if you need the income, you may have no other option but to lock in now. What’s on offer?

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21-10-2013
21-10-2013
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What’s happened to your cash ISA interest rate?
If you opened a best buy cash ISA, can you still top it up?

Over the weekend I had an email from someone where the interest rate on her cash ISA had fallen sharply. Not surprisingly, she wasn’t very happy about this. So, I decided to look at cash ISA interest rates, especially the interest rates on cash ISAs that were best buys in April this year, to see whether they’d fallen – and by how much.

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13-10-2013
13-10-2013
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5 savings accounts paying a high bonus rate and 5 with no bonus
Bonus or teaser rates on savings accounts can boost the return, but watch out when they end.

I get lots of emails from Savvy women who are annoyed. And what annoys them? The fact that their savings account, which was paying a reasonable rate of interest, is now paying a pittance. Often it’s because the account had a bonus or teaser rate. This week the regulator, the Financial Conduct Authority, said that it would be investigating bonus rates on savings accounts. Do you have to take out a bonus rate account to get the best rate? Not necessarily.

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13-09-2013
23-09-2013
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The material provided on this website is general information that is intended for general guidance and is not suitable for professional advice.
You should always obtain independent financial advice.