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Last chance to get a 5.1% easy-access savings deal from Chase Bank - is it worth opening?

Tomorrow is the last chance for savers to get Chase Bank's easy-access deal paying 5.1%. We look at whether it's worth moving your money if you do not already have a Chase account.

The rise in savings rates means many more people are forced to pay tax on their interest, as they breach the tax-free personal savings allowance.

Are you getting less than 3% on your savings? Beware low rates on closed deals - and move

Savers with closed easy-access savings deals are being short changed if they don't switch to live easy-access deals. We look at the best savings deals to move your money to if your deal is a dud.

The Financial Ombudsman Service is investigating more scam complaints than ever before, with banking grievances running high.

Keep calm and carry on growing savings: Use tried and tested pensions and Isas

They have helped prudent households manage their finances through countless onslaughts. Because, let's face it, our wealth and savings have been under attack for decades and by successive governments. But I would think very carefully before going beyond that and making changes to your finances based on what you think Labour might do.

Is YOUR local building society offering top savings rates?

Building societies are stepping up to the mark to reward members with top savings rates. We look at some of the best building society savings rates on the market at the moment.

I'm a Nationwide customer and recently, I went to visit the branch on my local high street. However, there was a poster stating it is now closed on Tuesdays and Thursdays.

Barclays has become the latest bank to dangle a cash carrot in front of customers - but they will need to jump through several hoops first.

Five tips to dodge savings interest tax as a 45p additional rate taxpayer

Millions of additional rate taxpayers could be faced with a shock tax bill on their savings due to rising interest rates .HMRC estimates that it will rake in £10.37bn in savings interest tax in the current tax year 2024-25. Of this eyewatering sum, it expects a whopping £6.8bn to arrive from additional rate taxpayers.

Customers of AJ Bell's investing app Dodl can now earn table-topping Isa interest on cash. We explain how it works and look at how it compares.

While soaring inflation has ravaged savers' nest eggs recently, one group has remained unaffected - the holders of Index-Linked Savings Certificates from NS&I.

Cash Isas surge in popularity with £73.5bn poured into them in a year and a half

Savers have continued their dash for cash Isas with £4.2bn pouring into tax-free accounts in May, new Bank of England data shows. That comes after they stuck away a record £12.3bn in April and HMRC estimates last week that savers face a plus-£10bn collective tax bill this financial year for breaching Personal Savings Allowances.

July's £1m winners come from Hertfordshire and Cumbria, with the winning bonds bought in November 2016 and October 2021 respectively.

We reveal why banks suffer service outages, as well as five ways to make sure you're not left in the lurch the next time yours is unavailable.

HMRC set to rake in £10.4bn in savings interest tax this year

Millions more savers will be caught in the savings interest stealth tax trap next year. The amount of tax savers pay on their savings interest will climb to £10.37billion between 2024 and 2025, HMRC estimates show.

A new King Charles bank note has sold for £17,000 at a Bank of England Charity auction today, as collectors went into a bidding frenzy.

My husband lost access to £100k Barclays savings after recovering from a stroke: CRANE ON

My husband suffered a stroke four years ago. Me and my son became deputies for his affairs, including managing his finances. Thankfully, he recovered much better than initially expected, and after about a year he was fit to handle his money on his own again so the deputyship was removed. But a while later, he lost access to his Barclays accounts - including one which held £100,000 in savings.

I have just moved to the UK and want to open an Isa - where do I start?

I am new to the UK and I want to look into opening a cash Isa. I would like to know two to three withdrawals a year could be made for emergencies if needed. I would also like to start an Isa for my daughter and son both in their 30s. Where do I start?

With the inflation dragon appearing to have been slain, falling to the 2% target in recent data, there is a risk that savings rates could similarly plummet.

Most banks do not have any customer service staff available to support those opening a new current or savings account, according to research for Investec Bank.

Why Frances is giving up on HSBC... after 56 YEARS

Retired couple Ray and Frances Dykstra ooze loyalty. They have been married for 48 years and have spent their lives together in the village of Warboys, Cambridgeshire. Until he retired, Ray was a dedicated employee of British Rail, starting as a clerk when steam trains were still running and rising to management level. Forty-three years of service. The Dykstras, like many elderly people, are also loyal when it comes to their finances. Throughout their marriage they have banked with HSBC (Midland as was) and never had a wish to move away.

Recently I found some buried treasure in the form of a mysterious silver coin - although the most valuable thing about it turned out to be its history.

Bank customers have found it harder to withdraw large sums of their own money over the counter at banks to use for the likes of building work.

How often do YOU use cash? Millions still rely on it says JOHN HOWELLS

The use of cash has dropped steeply over recent years. Many people now prefer the ease of banking online and using contactless payments. John Howells, chief executive of Link shares why securing the future of physical money and helping people better transition into a digital world will be key for the next government.

The Bank of England has opted once again to hold the base rate at 5.25%, despite inflation falling to the 2% target. We explain what that means for your money.

The 365-day notice account is being offered by saving and investing platform Prosper, in a deal that This is Money has secured exclusively for readers.

Revolut customers can now collect Avios as RevPoints lands in Britain - is it any good?

Revolut's debit card airmiles loyalty scheme RevPoints has just landed in the UK. Customers will be able to transfer RevPoints they collect to British Airways Avios points. We take a look to see if it's any good.

Why do Post Office staff ask if you need cash before you leave? It's because it now makes

The Post Office has moved so far from its traditional roots in sending letters and parcels that most of its income now comes from financial services. So why is the Post Office so big on banking, and what does this all mean for customers and the Post Office itself?

Labour promises 350 banking hubs for towns where branches have shuttered

With 6,000 bank branches closing since 2015, Labour has announced its commitment to bringing more banking hubs to Britain's high streets. Labour has pledged to roll out 350 banking hubs over five years. The hubs are shared centres where customers of most major banks can go to withdraw and deposit cash and get banking support and advice.

EXCLUSIVE

A new King Charles bank note has sold for £11,000 at a Bank of England Charity auction today, as collectors went into a bidding frenzy.

Marcus to cut its easy-access rate to 4.55% - are there now better options?

Marcus will cut the rate on its easy-access savings account to 4.55% from Saturday - can you find better rates elsewhere?

These King Charles £5 and £10 notes are set to sell for at least £13k and £20k... here's

Bidders have the unique opportunity of owning extremely low serial numbered £5 and £10 notes, we can reveal. Spink & Son say that the notes are lowest numbers ever available to the public - and an expert believes they will smash the estimates put on them.

The notes entered into circulation yesterday and are proving popular with collectors, who will be hoping to snap up examples with low serial numbers.

Barclays, HSBC, Lloyds, Santander and NatWest continue to offer easy-access rates far below average, despite finance watchdog telling them to give savers 'fair value'.

King Charles bank notes enter circulation today - here are the first £5, £10, £20 and £50

New bank notes featuring King Charles III will enter circulation for the first time today. We can reveal the prefixes and serial numbers of the first £5, £10, £20 and £50 notes featuring the King that were printed - and could be worth holding onto to flip for a tidy profit.

Best buy flexible easy-access cash Isa launched by Trading 212 - is it a good home for

A new easy-access cash Isa has launched from trading and investing platform Trading 212. It has rocketed to the top of the best buy tables. We look at how it stacks up to other top cash Isa deals.

I have an easy-access cash Isa and I want to open and pay into another one which is flexible. Can I just pay money into two cash Isas now that the rules have changed?

Savings platforms tell me they are becoming ever-more popular.  And they are determined to bring their wares to a wider public.

Royal Mint aims to sell £100m of UK coins to AMERICA - despite shutting its overseas

Americans are already keen on UK-made coins, and the Mint said it has seen a 118 per cent increase in sales to the US since 2022. S customers bought more than 17,000 of the Mint's 1oz silver commemorative coins in the past two years, with royalty coins and designs depicting Star Wars and Harry Potter being particularly popular.

Chase Bank has announced it is dropping its 1% current account interest feature and swapping it for a 1% easy-access interest boost.

The bank said its text message service will end on 10 August, meaning customers will need to use its app or online service in order to access account details.

How to get a one-year fixed savings rate of 5.69%... and BEAT the top deals

Savings platform Raisin UK is offering a £50 bonus for new customers who sign up for an account. The rate on a one-year fixed account with National Bank of England, offered through Raisin, is a competitive 5.22%. But adding the £50 bonus boosts the rate to a table-topping 5.69%.

NS&I quietly boosts rate on two of its savings accounts including its income bonds

NS&I planned to announce the changes last week with the usual fanfare, but the election announcement scuppered that plan. As a Government agency, it cannot be seen to do anything that might influence your vote.

I think I owe tax on my savings interest: Do I need to tell HMRC - or will it contact me?

With the rise in savings interest rates recently I now believe I owe the tax man a four figure sum for the last tax year. I've read conflicting reports on whether I should tell them or that they will tell me. I have an uneasy feeling that if I tell them I may be opening up a worrying can of worms. What do I need to do?

Bunq Bank looks to relaunch in Britain - can it compete with Monzo and Starling?

Amsterdam-based digital bank Bunq is limbering up for a UK launch. This is Money speaks to bunq's CEO Ali Niknam about his plans to re-enter the UK market and how bunq will compete against digital banking giants Monzo, Starling and Revolut.

What new 'fair value' savings rate rules will mean for you - SYLVIA MORRIS explains

The clock is ticking for savings providers. They now have just a few weeks left to get their act together and start offering loyal customers a good deal. That is because from July, the new so-called Consumer Duty rules, which require all financial services firms to offer their customers 'fair value', will apply to old savings accounts as well.

The best five free bank accounts with debit cards for children

Children can find it hard to use cash given to them by parents and relatives in an increasingly cashless society. Many parents now find it easier to open an account with a debit card for their children over giving them cash. We round up five of the best accounts that come with debit cards for children.

EXCLUSIVE

A sinister tactic known as shoulder surfing is on the rise in the UK. Fraudsters are watching unwitting people log in to their mobile banking apps over their shoulder.

Will Nationwide pay out a £100 loyalty bonus again this year?

Last June, 3.4m Nationwide members received a £100 payment from the building society. Now, Nationwide members will be wondering whether the offer will be replicated this year. As a building society, Nationwide is owned by its customer members, who are meant to benefit from profits through better rates on savings, mortgages and other products.

Limited access accounts are surging in popularity. Last week Paragon came out with a new version which propelled it to the top of the best buy tables.

Just under half of young savers put away at least 20% of their monthly income, compared to just 12% of 45- to 54-year-olds.

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Santander offers £175 to switch your current account - but don't be caught out by the

From today, customers that use the Current Account Switch Service to move to a Santander Edge current account, an Edge Up account or a private current account will be eligible for a £175 bonus. However, all three of these accounts come with monthly fees which will eat into the bonus cash. It comes after First Direct and Virgin Money also launched cash carrots for bank account switchers.

EXCLUSIVE

More than 12million Britons could improve their financial situation over the long term by shifting money in cash or Isas to investments, a new report reveals.

Engine, the technology business Starling Bank was built on, has been busy launching banks around the world, from Romania to Australia.

Premium Bonds Winners

Prize Area Value of bond
£1,000,000 Hertfordshire £13,500
£1,000,000 Cumbria £50,000
£100,000 Southampton £20,000
£100,000 Havering £5,000
£100,000 North Yorkshire £49,999
£100,000 Outer London £10,000
£100,000 Outer London £5,000
£100,000 Kirklees £100
More July 2024 winners
View list of July 2024 winners

Saving and investing calculator: Work out interest and investment returns

The secret to saving success is compound interest. Over the long-term this earns you interest on the interest on your savings and boosts your returns. This calculator works out how much a regular monthly savings scheme could make and how much a lump sum investment could be worth.

Best bank accounts: Top current accounts for interest and rewards

How hard does your bank account work for you? Hard enough to give you cashback on your household bills, interest on your balance or simply standout customer service? Here is our pick of the best accounts to make your money work harder, cut down on fees, or get free stuff.

Savings platforms: Get the best rates and manage your money

A new wave of savings platforms have emerged in recent years which help savers keep track of their accounts more easily and move money into better rates after signing up. We round them up, look at the top rates from savings platform Raisin and reveal whether they beat the best buys in our independent This is Money savings tables.

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Premium Bonds Winners

Prize Area Value of bond
£1,000,000 Hertfordshire £13,500
£1,000,000 Cumbria £50,000
£100,000 Southampton £20,000
£100,000 Havering £5,000
£100,000 North Yorkshire £49,999
£100,000 Outer London £10,000
£100,000 Outer London £5,000
£100,000 Kirklees £100
More July 2024 winners
View list of July 2024 winners
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