The Telegraph What each bank is doing to help older and vulnerable people and NHS workers The TelegraphBanks have set up dedicated phone lines for NHS staff and older people as they provide a raft of additional support for those most at risk during the coronavirus outbreak. Older people can also send someone
The TelegraphPersonal Finance (UK) Ask an expert: Why do Isas pay less than fixed-term bonds? The Telegraph - By Sam BarkerI've got some cash I want to tie-up for a fixed term, either in a savings bond or cash Isa. I've had a look around and I've noticed there is quite a difference between Isa and non-Isa rates. Why is there
The TelegraphHousing Over-55s want to downsize to unlock £216bn in housing cash The TelegraphMillions of over-55s want to downsize this year, releasing £216bn from their homes, according to new research. Ford Money, a bank, said 12.6pc of the over-55s planned to sell their homes and downsize the
The Telegraph Almost 8m overdraft customers to be worse off with FCA changes The Telegraph - By Sam BarkerAlmost 8 million overdraft users will be worse off as a result of new rules coming into effect in April, the financial watchdog has said, as Lloyds Banking Group announced some customers would pay rates
The Telegraph 'My cashback credit card is closing – what are the best accounts available?' The Telegraph - By Adam WilliamsI am a customer with Tandem Bank. My cashback credit card, which is currently free, is about to be discontinued and replaced by a card costing £5.99 a month. What other options do I have? Digital bank
The Telegraph Santander cuts interest rate and cashback on 123 current accounts The Telegraph - By Adam WilliamsSantander 123 current account customers will earn less interest and cashback after the bank announced major changes to its flagship account. The 123 account has been one of the most popular current accounts
The Telegraph Housing market gets post-election 'Boris Bounce' The Telegraph - By Sam BarkerFrustrated house buyers and sellers are returning to the market following the Conservative general election victory on Dec 12, report mortgage brokers. Many would-be sales were held up in 2019 due to over
The Telegraph Scrooge banks kill off Christmas saver deals The Telegraph - By Sam BarkerScrooge-like banks have all but killed off the Christmas savings deal, once a staple of the festive period. In a typical year there are up to a dozen Christmas-branded regular saver deals launched, normally
The Telegraph Savers can earn interest and honour the fallen with new poppy accounts – but act fast The Telegraph - By Sam BarkerConsumers can save money and support the armed forces at the same time with new "poppy bond" and "poppy Isa" deals that donate to The Royal British Legion (RBL). The RBL is the charity that runs the poppy
The Telegraph Hipster banks Monzo and Starling win customers from high-street giants The Telegraph - By Sam BarkerMonzo and Starling have been steadily taking current account customers from the big high street banks, new figures show. In the last three months Monzo and Starling grew by 13,453 and 6,686 customers,
The Telegraph Banks remove apps from Google Play store over Samsung security flaw The Telegraph - By Sam MeadowsMobile banking customers have been put at risk by a security flaw relating to the fingerprint scanner on some Samsung mobile phones, a number of banks have said. Some, including NatWest and Bank of Scotland,
The Telegraph Banks should snoop on customers' spending habits to spot mental health issues, says charity The Telegraph - By Adam WilliamsBanks should be given greater power to use their customers’ data to identify people who may be struggling with their mental health, a leading think-tank has said. An in-depth report released by the Money
The Telegraph Interest rate rot hits regular-saver accounts The Telegraph - By Sam BarkerBanks are beginning to cut rates on the top regular-saver accounts, in a worrying move for consumers. These deals encourage good savings habits by only paying the top interest rate if cash is put into
The Telegraph 232-year-old bank shuts all savings accounts The Telegraph - By Sam BarkerThe 232-year-old Raphaels Bank is closing all its savings deals, with customers given 60 days to find new homes for their £99m of deposits. The bank’s savings arm was known for its high interest rates
The Telegraph Santander customers shut out of accounts in bungled IT upgrade The Telegraph - By Sam BarkerUsers of Santander’s private banking arm Cater Allen have been left struggling to access their accounts after a bungled launch of a new IT system. The bank has moved 25pc of its customers onto a different
The Telegraph More than 96pc of those eligible for Government saving scheme missing out on £1,200 The Telegraph - By Sam MeadowsMore than 96pc of those eligible for a Government savings scheme are missing out on £1,200 each, new figures reveal. Help to Save was launched last September to encourage people on low incomes to put aside
The Telegraph Heading to uni? The best student bank accounts – giving Amazon Prime, £100 cash or a four-year railcard The Telegraph - By Adam WilliamsHow would you like a free year of Amazon Prime or discounted rail fares each time you travel home? Banks are offering a string of incentives to persuade students to open an account with them as the new
The Telegraph Cashed out? Banks pull top current account switching bonuses The Telegraph - By Adam WilliamsBanks have pulled many of the best current account switching deals, after few customers took the opportunity to leave their provider. Just one bank, First Direct, offers an open-to-all cash incentive switching.
The Telegraph A year on from the Bank Rate rise, banks slash interest paid to savers The Telegraph - By Sam BarkerA year after the Bank of England raised the official interest rate, high street banks and building societies are queuing up to water down their offers to savers. In the last six months, many big banks
The Telegraph Gifts from grandparents fuel Premium Bond boom The Telegraph - By Sam BarkerGifts from grandparents have driven a huge rise in the number of children owning National Savings & Investments (NS&I) Premium Bonds since gifting rules were relaxed. Premium Bonds are a form of lottery,
The Telegraph New app-only Lifetime Isa launches, paying 27pc more interest than rivals The Telegraph - By Adam WilliamsFinancial app Moneybox has launched its first Lifetime Isa (Lisa), offering a market-leading rate to young people saving for their first home or retirement. The app – best known for its "round up" function
The Telegraph Firms that frustrate borrowers with baffling credit scores targeted by watchdogs The Telegraph - By Sam MeadowsBorrowers frustrated by “black box” credit scores could be given greater rights after the City regulator announced a review of the industry. Credit reference agencies, of which Experian and Equifax are
The Telegraph Savers lose out on millions as 10pc of deposits earn no interest The Telegraph - By Sam BarkerSavers are missing out on millions of pounds in interest, with £1.10 in every £10 held in deals paying nothing at all. The total amount of cash earning 0pc at the end of February was £170bn, the most figures
The Telegraph Say cheese: NatWest current accounts can now be opened with a selfie The Telegraph - By Sophie SmithNatWest has become the first major high street bank to allow customers to open an account using a selfie and one piece of photographic ID – negating the need to visit a bank branch. Artificial Intelligence
The Telegraph Banks extend mortgage offers in desperate bid to retain customers The Telegraph - By Adam WilliamsHomeowners can now enjoy much greater flexibility in the mortgage market after a string of lenders extended their offer periods. With a slump in activity in the housing market, high street banks have keen
The Telegraph Help to Buy: 60pc of those who used Government scheme could have afforded a property without it The Telegraph - By Adam WilliamsA flagship Government housing programme has lent billions of pounds to house buyers, the majority of whom would have been able to purchase a property without the scheme’s support. Help to Buy was launched
The Telegraph Overdraft fee crackdown: the worst offenders among top accounts The Telegraph - By Sam BarkerThe Financial Conduct Authority (FCA) today announced a major shake-up of overdraft charges, aimed at fixing a “dysfunctional” market earning banks £2.4bn a year. Overdraft fees vary widely. Even if you
The Telegraph 'Why did it take Metro Bank five months to refund our stolen £20k?' The Telegraph - By Sam BarkerMetro Bank has refunded £20,000 to two businesses hit by a text message fraud after Telegraph Money intervened. Both businesses banked with Metro, and lost the cash in January after fraudsters hacked accounts.
The Telegraph Savers miss out on up to £3.5bn a year by not switching The Telegraph - By Sam BarkerSavers are losing £3.5bn a year in interest due to switching inertia. Many people are loyal to high street banks, but these often offer worse rates than smaller, rival firms. Customers with Barclays, Lloyds,
