Banking News
Below you will find news relating to Bank Accounts Get up to date information about the current Bank Accounts market.
Jersey Offshore accounts: no longer just for the rich and famous
Once associated with the wealthy few, offshore investment is today becoming more accessible and more appropriate to a whole sector of the population. Against the backdrop of low global interest rates and incessant financial doom and gloom, pressure is truly on savers to find homes for their cash which will give them anything like a [...]
Free banking at the touch of a button
Banks are on course to put ‘hole-in-the-wall’ machines into Britian’s poorest areas. The initiative, spearheaded by Britian’s high street banks, will see more than a million customers, who currently have to travel or use machines for which there is a charge, able to access their money free the British Bankers’ Association said today. Angela Knight [...]
Take the worry out of investing by saving regularly
Invesco Perpetual is urging customers to limit their investment risk by saving regularly either through its monthly savings plan or phased investment option. Rick White, Marketing Director, Invesco Perpetual says: “With tax year end approaching, this is a good time for investors to look at their 2006/2007 and 2007/2008 tax year investment strategy, both in [...]
Double win for switchers
Customers of the Big 4 High Street banks now have two more reasons to switch their current account to Halifax. From 5th February, Halifax is increasing the rate of credit interest on its High Interest Current Account to 6% Gross (6.17% AER), for new and existing account holders. From the same day, Halifax will be [...]
Making your savings work for you
As people are recovering from Christmas spending, Britannia is helping people to save by knocking thousands of pounds off their mortgage. An offset mortgage links your savings with your mortgage. Rather than paying interest on savings, people can offset savings against their mortgage, potentially saving thousands of pounds in interest over the life of the [...]
Barclays warns customers to be e-savvy on e-scams
Barclays is warning the public to be extra vigilant against a new wave of scam emails. Emails falsely claiming to be connected to London 2012 have been sent to thousands of recipients purporting to alert them to a potential lottery win. Many of the emails state that the winnings are being held with a global [...]
Smile top ten tips to prevent ID theft
Having your identity stolen can be a nightmare, both emotionally and financially. Unfortunately, Identity theft is a crime that is on the rise with one in four adults in the UK having been a victim or know someone that has. As this week is National Identity Fraud Prevention Week, smile the Internet bank have come [...]