Update 10/04/2018: This is an old blog but the logic in it still stands. Though note the rate has since increased to 2.5%.  Savings rates are disgustingly low. The top easy access account is just 1%, the top one-year fix 1.4%, yet I’ve a trick that lets you save up to £50,000, in safety, at 2.25%, and withdraw...

This week we’re changing our weekly email send strategy so that we will no longer send it in the wee early hours (a few will leak through, if the internet service provider initially rejects them, but the bulk won’t). This change is due to a report by the Money and Mental Health Policy Institute (which I founded &...

Last week I tried to close down and withdraw my money from an ONLINE, EASY ACCESS savings account – as the introductory interest rate bonus was ending that day meaning the rate would plummet. I, of course, as the account name describes, assumed I would be able to take my money out via the web, and do...

This Tuesday 1 November, Santander 123 – the bank account that’s topped savings tables for over four years – will take a hammer to the interest it pays. It’s cutting its main interest rate from 3% to 1.5%, the one that applies to savings up to £20,000. So the key question for the four million people who...