Savings accounts
'My savings are missing': technical glitch reduces Barclays customers' cash to zero
Barclays’ online banking customers are reporting that their savings accounts are being displayed as having a balance of zero. Telegraph Money reader Paul ...
Savings accounts
Premium Bond minimum investment slashed to £25
Hard-pressed savers can now invest in Premium Bonds with as little as £25, after National Savings & Investments (NS&I) cut the minimum investment requirement ...
Savings accounts
Bank fined for not passing on customers' money: how to trace lost cash
The City watchdog, the Financial Conduct Authority, has fined high street bank Santander nearly £33m for systematically failing to distribute the assets of ...
Savings accounts
Child Trust Funds saved from potential tax hit after Government steps in
The Government is taking steps to ensure Child Trust Funds (CTFs) remain tax-free after maturity, even if their owners fail to claim their ...
Savings accounts
NS&I 'fails to warn' savers when rate drops from 2pc to 0.35pc
National Savings & Investments customers are losing out as a third of all Children’s Bonds, worth £152m, sit unclaimed and earning almost no interest. ...
Savings accounts
Why your Monzo account may be costing you more than you think
People switching in their droves to digital bank Monzo for its cheap travel money and user-friendly app are being offered significantly worse savings ...
Savings accounts
Savers miss out on up to £3.5bn a year by not switching
Savers are losing £3.5bn a year in interest due to switching inertia. Many people are loyal to high street banks, but these often ...
Savings accounts
A year on from the Bank Rate rise, banks slash interest paid to savers
A year after the Bank of England raised the official interest rate, high street banks and building societies are queuing up to water ...
Savings accounts
Deadline approaches for major changes to NS&I savings deals
Hundreds of thousands of savers will earn less on renewed National Savings & Investments (NS&I) deals from Wednesday as the institution moves to ...
Savings accounts
How pension freedoms are dragging down savings rates for all
Worried pensioners are diverting their retirement pots into cash at a record pace, losing out on potentially better returns and dragging down savings ...