NS&I offers feasible savings and investment options that provide adequate returns. However, the interest rate paid to those who save or invest with the NS&I depends on various factors such as government requirements and the base rate.
NS&I offers feasible savings and investment options that provide adequate returns. However, the interest rate paid to those who save or invest with the NS&I depends on various factors such as government requirements and the base rate.
A credit union is an organisation where members can save money or take out loans. Credit unions operate on a non-profit basis, allowing them to offer and charge competitive interest rates. We can earn interest by depositing money in credit union savings accounts and enjoy the Financial Services Compensation Scheme protection limit of £85,000. If …
Are credit union interest rates more competitive? Read More »
NS&I offers feasible savings and investment options that provide adequate returns. However, the interest rate paid to those who save or invest with the NS&I depends on various factors such as government requirements and the base rate.
A rise in ECB interest rates can have a transitional impact on the UK despite the UK having left the EU banking system. The governing council’s recent interest rate hike increased the MRO, marginal lending, and deposit interest rates to 4.25%,4.50%, and 3.75%, respectively.
The spate of interest rate rises from the Bank of England since December 2021 has significantly impacted
Launched in the 1950s to encourage saving, premium bonds have become popular with people of all ages
While you may need to pay tax on interest if you go over your PSA, you don’t pay any tax on interest with Individual Savings Accounts (ISAs). They’re tax-efficient savings or investment accounts available to UK residents.
Maximising your income by minimising your tax liability is being financially tax efficient. And, if you use all of your allowances, you’ll be doing so legitimately. One such allowance is your personal savings allowance, which can be an effective way to shield your income from paying more tax than necessary. What exactly is the personal …
By the end of the quiz, you’ll know what type of credit card spender personality you have so you can apply for a credit card that is most appropriate for you.
