When was the last time you checked your savings rate? If it wasn’t recently, you might be in for a nasty shock. British savers are missing out on over £12bn in lost interest every year. It’s time to reclaim your share.
Two-chord specialists Dire Straits sang about getting ‘money for nothing’. They could have been economists, as more and more banks are doing just that. They take our money and give us sweet FA in return.
Most of us are wed to banks we’ve been with for years. It’s a comfortable love affair fuelled by a reluctance to move on. But if we’re not getting much cash back from diabolical interest rates, it’s time for a divorce.
How does your bank rate for customer service and quality of financial advice? If its services are leaving a little to be desired, speak up now and we’ll feed your thoughts back to the FSA.
When I see an advert for a card protection policy it goes straight in the bin. In my mind, there are much better things to spend £70 on than a policy I already get for free and which I’m unlikely to need to claim on.
If you’re not connected to the net, or just don’t like banking online, you’re not only missing out on the best interest rates, you’re getting a bum deal on travel insurance. Should the same deals be offered on the high street?
Most of us have an hour for lunch and we don’t want to spend it in a bank queue, waiting to pay a cheque in. Unfortunately, many of us end up half-starved because banks are half-staffed.
Most of us will make the effort to get our money back if we’re overcharged at the supermarket, but why won’t we switch banks when they don’t give us value for money? It’s your move.
Why did you choose your student bank account? Because of its massive interest-free overdraft, or because of its rubbish incentives? I’ll put a £10 iTunes voucher on it being the latter.
Do you love your bank more than your partner? You might say no, but it’s likely that you’ll be together with your bank for longer than your loved-one. Maybe it’s time to switch…
If you’re one of the lucky ones heading off to uni this Autumn, it’ll pay to keep your cash in check. Look no further – here’s everything you need to know from our student money expert.
We scoff that banking costs in other countries, like in the US, where the equivalent of our current account comes with a fee. But if truth be told, all we have here are charged accounts hidden by smoke and mirrors.
It’s great news that some HSBC branches will be open later and on Saturdays. So is this the start of a new trend in customer-service-comes-first banking?
Hackers have again punished British bank account holders with a new online sting – a wily little virus that’s stolen thousands of pounds. Time to be even more vigilant.