News
HMRC confirms "1, 406 tax charges for UK households
3+ hour, 25+ min ago (645+ words) HM Revenue and Customs (HMRC) has confirmed "1, 406. 60 tax charges for high income households claiming Child Benefit. But for claimants with an even higher income of "80, 000 or more, the tax charge is set at 100% meaning all of your Child Benefit must…...
Major bank launches current account offering "9, 000 worth of rewards
5+ hour, 30+ min ago (300+ words) Revolut is offering up to "9, 000 worth of rewards on its premium Ultra account, totalling more than 13 times the annual fee. However, customers will need to pay "55 per month for the account, or "650 a year, making it vital that people check…...
NS&I Premium Bonds makes major change from July
7+ hour, 14+ min ago (195+ words) Andrew Westhead, retail director at NS&I said: "Premium Bonds offer the monthly excitement of tax-free prizes with 100% security backed by HM Treasury, and the flexibility to withdraw at any time. So, I'm pleased that from July we can improve…...
Bank launches new 'competitive' 4. 5% interest savings account
6+ hour, 32+ min ago (328+ words) Paragon Bank has launched a "competitive" 4. 5% interest savings account. The three-year fixed-rate savings bond launches today and is aimed at savers who still want to bank traditionally, only operating via post or the telephone. Fixed-rate savings accounts can appeal to…...
Nationwide pays "500 into accounts with 'outstanding' deal
8+ hour, 12+ min ago (610+ words) A new Nationwide deal has been awarded an "outstanding" rating by financial experts this week. The Moneyfactscompare. co. uk Pick of the Week showcases the finest new products and rate changes to emerge in the consumer finance market. Personal Finance…...
Premium Bonds update over future prize rate increases
8+ hour, 32+ min ago (618+ words) Premium Bonds savers may want to check over their accounts. NS&I is making key changes to the rules for the savings scheme. In a boost for customers, NS&I has announced it will increase the Premium Bonds prize fund…...
Lloyds Bank update over bank card rules that apply to all customers
16+ hour, 16+ min ago (391+ words) Lloyds Bank has explained its bank card rules after a customer reported having a frustrating experience. The person asked the savings provider for help as they were unable to do something online. The customer explained that they wanted to request…...
Nationwide explains legal restrictions that apply at all its branches
19+ hour, 33+ min ago (497+ words) Nationwide Building Society has issued an update about a legal restriction you may not realise applies at all its branches. The group recently put up a sign outside one of its branches relating to the issue. Customers can access many…...
HMRC "2, 300 tax charge confirmed for UK households with savings
1+ day, 21+ min ago (209+ words) HMRC is set to send out tax charges worth an average of "2, 300 for households with savings. The latest figures from financial experts show that the average person with savings is now paying "2, 300 a year in tax, even after tax-free savings…...
Building society launches 'competitive' 4. 2% interest savings account
1+ day, 5+ hour ago (311+ words) The online account is designed for customers who prefer managing their savings digitally through online banking or the Yorkshire Building Society mobile app. Yorkshire Building Society said the account encourages longer-term saving habits while still allowing limited access to funds....