Shamed: the banks that paid you just 10p... for every £1,000 you saved
Savers have a huge £967.4bn in easy access accounts and the big banks paying a pittance hold around two-thirds of the balances.
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Savers have a huge £967.4bn in easy access accounts and the big banks paying a pittance hold around two-thirds of the balances.
Treasury-backed bank is upping rate on three accounts to 0.35%, but this still falls far short of the best buys on the market.
Premium Bonds can still win prizes even after the death of the holder
16 million Premium Bond holders have never won a single prize But 12 savers became millionaires on their first draw Three quarters of all Premium Bond customers haven’t won a single prize Credit: Mark Magnaye Three-quarters of all Premium Bond holders – nearly 16 million people – have never won a single prize, despite investing a collective £108bn, Telegraph Money can reveal. National Savings & Investments’ hugely popular Premium Bonds enter customers into a monthly draw in lieu of interest, with prizes ranging from £25 to £1m. But 15.9 million of a total 21.4 million Premium...
In at number 5 and dropping two places, it's Coventry Building Society with its instant access Isa. At number 4, it's a new entry for Santander and its bonus reward Isa. At number 3, it's… Okay, I'll stop. I've been watching far too much Top of the Pops 2 on BBC Four during lockdown, but that's how I used to countdown the best tax-free rates in my head as I wrote them into articles – in my best Gary Davies voice. In my early days as This is Money savings reporter, cash Isas were launched at a frenzied pace, especially either side of the new tax year in April. It was hard to keep up.