Fixed-rate accounts have taken a beating since the Bank of England cut the base rate to 5 per earlier this month. With savers expected to pay £10.4bn in savings tax this year, here's why it could pay to put your savings in an Isa, even if it pays a lower rate.

Britons will start to find new £1 coins in their change this week featuring King Charles III and they might create a buzz for numismatists. The coin will enter circulation today the Royal Mint says and features bees. It is one of eight new coins which which were unveiled last October as part of a collectors' set to feature King Charles.

Savings rates across the board have suffered from the Bank of England base rate being cut to 5% earlier this month. But there is some good news. Savers can not get a top one-year fix paying 6.1% with savings platform Raisin.

Anyone who is one of the 225,000 savvy savers who snapped up Guaranteed Growth or Income Bonds last summer is being given a second bite at the cherry when their fixes come to an end. NS&I is offering 5.15% for those who fix for one year or 5.03% for those who prefer monthly interest.

The Treasury-backed savings bank has launched new two- and five-year fixed-rate versions of its British Savings Bonds for the first time in 15 years. It has also boosted the rate on its existing three-year British Savings Bonds, but for new savers only. We look at what the rules are on the accounts and how they stack up against other deals on the market.

The banking giant has launched a regular saver which allows £250 per month to go in. We take a look at the account - and how it compares to other regular savers offered by rivals.

If you're one of the 220,000 savers who piled £10billion into one-year issues of N&I's best-ever Guaranteed Growth and Income Bonds last year, you're in luck. NS&I will offer new one-year Guaranteed Growth Bonds and Income Bond at 5.15% or 5.03% to existing bond holders.

In the very unlikely event that your bank, building society or credit union goes bust, you should get your savings back thanks to FSCS protection. This official government-backed scheme also protects investments and pensions, while there are other measures in place for final salary schemes. We explain.

Savers continued their cash Isa rush as £3.4bn poured into tax-free accounts in June, new Bank of England data shows. It means in the first three months of the 2024/25 tax year, early bird savers have squirreled away almost £20bn into cash Isas - up £5bn on last year.

Neobank Revolut has launched a cash deposit option for its 9million UK customers. Customers will now be able to deposit cash into their Revolut accounts at over 12,000 retailers, though this is subject to limits and fees.

Revolut has received a UK banking licence from the regulator after first applying for one three years ago. It first applied for a licence from the Bank of England in 2021, to allow it to expand in the UK. But Revolut ran into problems throughout the application, including failing to publish its accounts on time two years in a row.

There was an uptick in people using physical money in 2023 - though most prefer cards and digital payments and two thirds say they would be comfortable leaving their wallet at home. Almost four in 10 UK adults were living largely cashless lives during 2023, a new report from UK Finance suggests. But while many UK adults are now living a largely cashless life, the number of people mainly using cash in 2023 actually rose to 2.6 per cent of the population or 1.5million adults - the first rise since 2019.

Some areas of London and the East of England would have no ATM machines within the next two years if the current trend of closures continues, a report has warned. South Cambridgeshire and the London suburbs of Ruislip, Northwood and Pinner would have none by June 2026, according to worrying projections from portable card machine company Merchant Machine. Cash payments fell to a fresh low last year, with only 12 per cent of purchases made with coins and notes, trade body UK Finance warns.

Savers could need up to £50,000 to have a sufficient emergency savings pot depending on their age and circumstances. We reveal how much you should put aside to be confident it will be enough, and which age group has to grapple with the highest everyday costs. And we explain the top easy access options for where to keep your emergency savings fund.

Nationwide Building Society held its AGM today. The meeting was held online for the second year running. We reveals five of Nationwide members' most pressing questions to the board as the pending Virgin Money takeover took plenty of airtime.

Santander has launched a prize draw for new Santander Edge student current account customers containing 50 prizes worth up to £27,750. Here is what you need to know to be in for the chance of winning a prize.

The Financial Ombudsman Service is investigating more scam complaints than ever before, with banking grievances up almost a third in one year.

Take cover. Our savings are likely to be in the line of fire over the next five years as the new Labour government turns its guns on finding more money. We will probably have to wait until the first Budget - which is likely to take place in September - to find out whether crucial savings allowances will be hit.

Mikael Armstrong has mustered more than 5000 signatures demanding a vote on the deal - the largest takeover in the sector since the 2008 financial crisis. Armstrong argued that Nationwide's 16 million members, who own Britain's largest building society, should also be balloted. But in a surprise twist, we have learned that Armstrong's various accounts with the society were frozen in April - just as his campaign against the deal was getting into full swing.

Barclays has become the latest bank to dangle a carrot in front of customers in an attempt to reel in new business. It is offering a £175 switching bonus to customers who switch to one of its current accounts - but they will need to jump through several hoops first.

While soaring inflation has ravaged savers' nest eggs in recent years, one lucky group has remained unaffected. They are the holders of Index-Linked Savings Certificates from National Savings and Investments. What makes these savings accounts special is that they promise to always beat inflation -although only by 0.01 of a percentage point.

It's always a bother when you can't access your money because your bank's app or website is inexplicably down. 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.

Barclays is axing its monthly loyalty bonus payments for Blue Rewards scheme members in a shake up of its rewards. Is it still worth keeping now?

The idea that tech-savvy youngsters are less likely to fall victim to scams online is a misconception, new figures suggest. Over the last 12 months, Gen Z and Millennials accounted for 65% of scams reported, data from money app Revolut reveals - with a scam expert putting it down to the fact they do more of their banking online.

Savers opening a new bank account are unable to speak to a real human at seven in ten British banks and building societies, The Mail on Sunday can reveal. 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. Instead, new customers must direct their questions at an online chatbot - or worse, are left relying on information available on the bank's website.

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 or buying a used car. Some customers find themselves being asked for proof of an invoice, while others are point bank denied access to their own money. So just how easy is it to withdraw £5,000 from your bank if you needed a job or item paying in cash?

Savvy savers are pouring money into cash Isas as they look to protect the interest on their nest eggs from tax. They put more than £11bn into cash Isas in April to take advantage of their £20,000 allowance, which reset at the start of the new tax year on April 6. This was up an impressive 31% on the same month last year.

When you think of generative AI and fraud, your mind might not immediately conjure up images it being used as a force for good. But both Mastercard and Visa are using AI to beat criminals at their own game. Here's how...

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.

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.

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.