If Santander 123 drops interest to 2% is it still worth it?

Update, 1 November: Santander has now slashed the headline rate paid from 3% to 1.5%. Read my Santander 123 slashed – should you ditch it? analysis for what to do if you’re one of its customers. The Santander 123 bank account has been my and this site’s top savings pick for four years. It pays 3% interest if...

Martin Lewis

27 July 2016

First-time buyers’ trick: Max LISA and Help to Buy ISA gains by timing it right

The new Lifetime ISA (LISA) launches next April. It allows eligible savers to put away up to £4,000 a year. Then if it’s used for a first-time home purchase or retirement, the state adds a 25% bonus on top – a possible £1,000 a year bonus for up to 30 years. While the already up-and-running Help to Buy...

Martin Lewis

25 July 2016

Panicked about interest on your student loan statement? For many it’s nonsense!

You graduate from uni, ready to face the world – check your student loan statement online and discover £150 a month interest is being added. It’s a frightening prospect. However, for many people this statement and the interest added is irrelevant and may as well be ignored. I’ve often heard it said that all English students in England who...

Martin Lewis

18 July 2016

Tell your MP to fight disgraceful retrospective student loan hike

It’s against all forms of natural justice and good governance. The Government, without asking Parliament, has changed the terms of student loans, long after many students signed up to them – indeed some had already graduated when they did it. More than 130,000 people signed a petition forcing a parliamentary debate on this hike that will cost...

Martin Lewis

12 July 2016