Archive for the 'Financial Products' Category

Reviews of financial products including current accounts, saving accounts, ISAs, mortgages, insurance, loans & credit cards to help you decide which financial products best suit your needs.

5 Ways You Are Not Saving Money When Buying Business Checks

Buying paper checks seem like a trivial business expense especially when compared to major business expenditures such as rent, employee salaries, and utility bills. However, most successful business owners look for ways to cut down on spendings that do not add value to the firm. Even little cutbacks can make a huge difference. Earlier this […]

There’s No Winning With Car Insurance

I recently had a close encounter with a wall when parking the car in the lane at the back of our son’s flat in Glasgow. It was so stupid. I knew that it was tight to park there. I thought I was being careful, but as I turned in the back passenger door of the […]

Should I Keep My Cash ISAs?

My four year fixed rate Cash ISA with the Coventry Building Society matures soon. I am swithering over whether to retain the tax-free ISA status of this tranche of savings. The issue is that, for a number of years, the rate of interest paid on many Cash ISA account has been lower than that rate […]

To Fix Or Not To Fix?

That old chestnut of to fix or not to fix an interest rate on your savings is back on the cards for me. I have a couple of fixed rate savings accounts maturing soon. At present, I can earn 1.5% on up to £20,000 in the instant access Santander 123 Current Account. If I put […]

Why is Lloyds Reducing the Interest Rate on their Current Accounts?

I am getting increasingly furious with UK banks and building societies for reducing the interest rates paid to customers, despite no change in the Bank of England Base Rate. I don’t remember receiving a letter from Bank of Scotland (part of the Lloyds Banking Group) about the rate reduction, I read on a finance website […]

It’s Getting Harder To Fulfil the Requirements for High Interest Current Accounts

I recently got caught out by not reading the change in terms and conditions to my Tesco Bank Internet Saver accounts. The change which would have the biggest impact on me was the end of the being able into a Tesco Bank Internet Saver account by direct debit. In order to fulfil the requirement for […]

Things to Consider Before Getting a Credit Card

There are many different things that you should take into consideration before getting a credit card. While it’s true that a credit card can be very helpful in certain situations, it can also be a source of crippling debt. If you want to get the best deal on a new credit card, you will need […]

5 Year Fixed Rate Cash ISA Pays Same Rate As Standard 5 Year Fixed Rate Account

Today for the first time in ages, you can earn the same rate of interest on a fixed rate Cash ISA as on a standard fixed rate savings account. UBL is paying 2.65% on their five year fixed rate Cash ISA. The highest rate which I could find for a standard five year fixed rate […]

Teaching Teens About Personal Finance

The only thing most teenagers know to do with money is spend, spend and spend until it’s all gone. This behavior won’t change without their parents’ help and guidance. As a parent, it’s your job to ensure that your teens become financially responsible adults. If you need some tips for this job, this article will […]

Comparing the Peer-to-Peer Lending Sites RateSetter and Funding Circle

I have been investing with both RateSetter (RS) and Funding Circle (FC) for different periods of time and they have both common and different approaches to investing my money and achieving my returns. Both RS and FC are peer-to-peer lending sites, meaning that your money is not currently protected by the Financial Services Compensation Scheme […]