My Money Podcast #96

Written by Karen Bryan

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The My Money Podcast #96 covers the recent articles below.

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Nationwide Drops Rate of Loyalty Saver –  The rate of interest paid by the Nationwide Loyalty Saver to members of 15 years has dropped to 1.5%. This can be beaten by 1.6% paid by the open-to-all BM Savings Online Extra (Issue 14).

Do Multi-Appliance Warranties Offer Value for Money? – Looks like a resounding no according to my calculations.

It’s a Pity That the New £1m Savings Protection Won’t Cover All Deposits – The new £1m savings protection is only for short-term deposits e.g. cash from an insurance payout.