THIS IS MONEY

Money - Saving & banking

Cashback can be lucrative but others are poor deals and could even leave you out of pocket. We sort through the best cashback offers out there. read

TSB has kicked off the new year with a new bank switching bonus worth £200. read

Overseas Premium Bonds holders across the globe have bagged thousands of pounds worth of Premium Bonds prizes. read

Britain's biggest mutual has launched a scam checking tool which will tell customers if they are on the phone to a genuine Nationwide employee or a scammer. read

HSBC is offering the biggest ever bank account switching offer on record - but only for those that are rich enough to meet its criteria. Is it a good deal? read

National Savings and Investments yesterday slashed the rate it pays to savers signing up for its fixed-rate bonds - but I still think they're worth a look. read

NS&I has today revealed the rates on offer for new versions of its popular British Savings Bonds and Income Bonds. read

Lloyds has kicked off the new year with a bumper £250 current account switching bonus that runs until early February. read

The biggest increase in cash withdrawals were recorded in East Anglia and Essex, the Shires and South London. read

Two Premium Bonds savers have sprung into the new year with big Premium Bonds prizes won with small holdings. read

Top Isa rates above 4 per cent may not be available for long in 2026 according to experts. read

Savers received an unwelcome early Christmas surprise when the Bank of England cut its base rate but if you follow my advice you can still secure a good deal. read

In the Autumn Budget, it was announced that the Government will launch a consultation into Lifetime Isas in 2026. Where does this leave those saving for a house deposit in one? read

YouTube megastar MrBeast's business has announced the launch of a new financial firm as the popular social media personality expands his sprawling empire. read

Those in Northern Ireland are most likely to take out cash, with 28% believing physical money is important, followed by north east England at 26%. read

Banks will be allowed to introduce their own contactless payment limit for customers early next year under plans from the FCA. read

Ernie, a name used by comedian Benny Hill (pictured) for his milkman character is also the name of NS&I's prize picking machine. read

Young savers between the ages of 24 to 35 would consider a return to old school physical cash saving in 2026 in a bid to kickstart their savings. read

Recent history has seen various problems with banks, but the Financial Services Compensation Scheme - FSCS - protects the money you hold with each licensed bank. read

Savers' cash pots have been eroded over the last two years by high inflation, but there are 1,406 savings accounts paying an inflation-beating rate. read

A corner of the UK with a surface area of 4,148 sq km and a population of 2m is the luckiest place for winning a £100,000 Premium Bonds prize. read

HSBC has followed the lead of Nationwide Building Society in bucking the trend of shutting bank branches on the high street. read

A battle has broken out at the top of the fixed-rate best buy tables as banks and building societies vie for your cash. read

Two banks are offering current account switching deals which would see a cash bonus land before Christmas. read

Between January 2015 and December 2024, 6,609 bank and building society branches closed, figures shared by consumer watchdog Which? show. read

There are six prizes up for grabs. The top prize is £10,000 in cash, with five sums of £1,015 also on offer. read

There are around 6.4m current accounts containing a balance of £10,000 or more earning no interest. read

Almost a quarter of the population of the UK hold Premium Bonds with the hope of becoming a millionaire in one of the monthly prize draws. read

Premium Bond holders could be in luck over the next three months. The Budget last week may have been full of gloomy news for savers but there was one ray of light. read

Monzo, the digital bank with 14m customers, has announced it is launching a double payday feature, where it will pay the equivalent of your net salary into your account. read

Savers rushed to get money into cash Isas ahead of speculation that the cash Isa allowance would be cut. read

An NS&I saver has snapped up a £1m prizes with a bond they bought less than a year ago in this month's Premium Bonds prize draw. read

Transfers will now be blocked and harsh restrictions on other ways of bypassing the rules will be introduced. read

Cash platforms were envisioned as an easy way for savers to split larger sums of cash between savings accounts - is that no longer needed? read

As part of the Budget, the Government has confirmed that changes to the lifetime Isa are on the horizon. At the same time, two lifetime Isa providers have been locked in a battle to offer the top rate. read

Rachel Reeves added 2 percentage points to tax rates on dividends, rental income and savings interest, which is expected to raise more than £2billion each year. read

National Savings & Investments has received a new fundraising target in the Budget - and it could mean better rates may arrive soon. read

The rates of tax savers pay on their savings interest will be hiked from April 2027 in a shock move by the Chancellor read

The Chancellor has decided to cut the cash Isa allowance as part of a plan to divert billions of pounds sitting in savings accounts into investments. read

The 'Help to Save' scheme, which was set to end in 2027, will be made permanent from 2028 by the Chancellor in the Budget. read

Savers will have the rug pulled out from under them at the Budget with Rachel Reeves set to cut the cash Isa allowance to almost half its current level. read

As of December 1, the Financial Services Compensation Scheme limit will rise to £120,000 from the current rate of £85,000. read

Investec has boosted the rate on its one-year fixed savings account, giving those happy to lock their money away the certainty of a top rate. Here's how it compares. read

Around seven million people stash some of their savings in piggy banks, money jars and under the mattress, according to new research. read

Savers aged between 18 and 27 are overwhelmingly focused on immediate financial milestones, rather than the bigger picture, research shows. read

The savings platform Plum has an exclusive deal for This is Money readers who are interested in opening a cash Isa. read

Cash Isa providers have launched into a new battle for the top interest rate, with Etoro, Hargreaves Lansdown and Trading 212 all offering attractive accounts. read

I am lucky enough to have over £130,000 saved in five various easy-access cash Isas. I keep all of them at the highest rates available at the time and below the £85,000 safety net. read

The amount of cash that is protected if a bank or building society goes bust will rise for the first time in eight years, the Prudential Regulation Authority today confirmed. read

Roll back a few decades and a joint bank account was a given for most married couples. read

As the start of the academic year draws closer, banks are battling it out to woo freshers and returning students into opening an account with them. read

The maximum amount that can be held in Premium Bonds has been stuck at £50,000 since June 2015. read

The number of Isa millionaires has soared in the space of 12 months.The most recent data show there are now 5,070 Isa millionaires. read

Nationwide Building Society has today vowed to keep its entire branch network open until at least 2030, bucking the trend of closures from rivals. read

When Nationwide acquired Virgin Money a year ago, we didn't do what most companies do - close branches to cut costs. We did the opposite. read

The Treasury-backed bank underestimated the scale of the challenge it has faced in digitally transforming NS&I. read

In many respects, Wokingham has a model high street. Unlike countless other town centres, there are few boarded up shops with 'to let' signs emblazoned on the windows. read

Saving and investing app Plum revamped its subscription offering in July this year. There are now four tiers on offer - Basic, Plus, Boost and Max. read

Savings experts are warning it is now more important than ever to build up an emergency financial buffer following signs of a weakening jobs market. read

Hargreaves Lansdown has launched a cash Isa paying a top rate. The rate is straightforward, with no limited bonuses to faff around with - how does it compare with rivals? read

Growing numbers of savers are stuffing the maximum amount permitted into Premium Bonds - and on the face of it, that seems like a crazy thing to do. read

Santander joins a troupe of banks currently offering an incentive for switching. These boosts can give your finances a welcome bump, with little work required from you. read

In a major boost for millions of savers, the Bank of England is expected to confirm that the deposit guarantee limit will increase from £85,000 to £110,000. read

The Treasury has been floating the idea of cutting the tax-free savings allowance down from the current £20,000 in the Budget on 26 November. read

National Savings and Investments has launched a range of fixed-rate bonds with boosted interest rates for those wanting to lock their money away for a better return. read

It's safe to say that uncertainty over what the Chancellor may or may not do next has convinced households to bunker away cash. read

I am starting from scratch and could save about £300 per month, how long would it take me to save the deposit? read

Last week, scary figures passed over my desk that show £32 billion is sitting in savings accounts earning 1 pc or less - and we hold over £10,000 in most of them. read

Yorkshire BS has not deducted any tax from my savings interest payments. It says it is now my responsibility to contact the tax office. read

Three Premium Bonds holders have bagged £50,000 prizes in this month's Premium Bonds prize draw with tiny holdings under £300. read

Savvy savers are constantly on the lookout for safe and effective ways to make their money work harder. read

New data reveals more about how savers are getting to the £1million milestone. read

Nearly half of UK savers keep savings in a current account rather than a savings account that pays a top rate. read

Savers are worried that cuts to the cash Isa allowance are on their way after months of speculation. We explain what that means. read

The switching drive in recent years has been driven by the building society's generous cash bribes, one of which is still running. read

Picking an easy access account with a good rate of interest is not easy when you need to watch out for all the catches... read

The buy now pay later firm known for allowing shoppers to split the cost of online purchases, will now cater to customers wanting to spend their own money. read

Cash Isas hoovered up the largest share of savings in 2025 as savers rushed to get money in them ahead of rumoured cash Isa allowance cuts, This is Money can reveal. read

Banks are splashing the cash to reel new customers in. Six high street banks are handing out cash sweeteners worth up to £200. read

The Treasury Select Committee urged the Chancellor not to halve the current £20,000 tax-free amount amid City lobbying. read

The Chancellor should not cut the cash Isa allowance from its current £20,000 annual limit, MPs have said. It comes as the Chancellor is said to be considering restricting the allowance to £10,000. read

When the Bank of England cut interest rates from 4.25 per cent to 4 per cent many savers reacted by cutting their savings rates. read

Savers are sitting on a record £2.2trillion in cash savings despite the Chancellor's efforts to persuade more households to invest their wealth, new data shows. read

The savings platform Raisin is offering up to £150 cashback when you deposit money into a fixed rate bond with one of its partner banks. read

A new savings account is looking like an increasingly good deal - but you may have to move quickly if you want to take advantage. read

The Chancellor is considering slashing the tax-free limit on cash Isas - a move that would hit millions of careful savers across Britain. read

Zopa has launched an easy-access account with a top rate. The easy-access account is available to new and existing Zopa customers who open or hold a Zopa current account. read

Major apps have been hit by a massive internet service outage this morning, reportedly affecting Amazon Web Services. read

Low-interest accounts hold over a fifth of the country's total savings, meaning millions of people have money which could be working harder for them. read

We like the fixed saver from Marcus because there's a low minimum deposit of £1. Here's everything else you need to know about the account. read

An FCA review uncovered cases where financial firms missed opportunities to prevent romance scams, which cost victims £106million last year. read

If you have a lot of money invested, experts say it's worth considering whether you have enough cash set aside for a rainy day. Here's how to work out what you need. read

The Chancellor wants to encourage savers to divert billions of pounds of cash savings into the stock market and boost Britain's flagging economy. read

There are fears of cuts in Rachel Reeves' Budget on November 26. Let's hope the Chancellor sees sense. read

Money app Plum has scrapped withdrawal restrictions on its easy-access cash Isa, This is Money can reveal. read

Lifetime Isas help turbocharge your savings and can be a great option for first-time buyers - but with some important caveats. read

The attractive rate is only outpaced by the 4.27% on offer from app-based Tembo. But many NatWest loyal savers could be left out in the cold. read

Everyone has daydreamed about becoming a millionaire overnight. It is the main reason 24million people hold Premium Bonds, the nation's favourite savings account. read

The full £900 is on the table for those considering moving their current account and savings to Barclays, but there are some big catches to consider. read

Six banks have credit card balance transfer deals with interest-free periods of 34 months or more - giving borrowers until 2028 to clear debt. read

Why, though, is cash usage shrinking so fast? Whatever the reason, it is under the kibosh. It made up just 9 per cent of payments last year. read

We reveal five 'mind-trick' savings habits, as coined by This is Money, to get you to build up a pot of savings without even realising you are doing it. read

We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax. read

Fraud complaints from Revolut customers outstrip all other banks for the third year in a row. read

From Saturday, the football stadium housing the club I have supported for 33 years will no longer accept cash. read

No one has told me whether the incorrect details matched a real account and the money has been spent by someone else, or if it was just lost in the ether. read

Cash was used for nearly half of all transactions a decade ago, before sliding to 23% in 2019, the UK Finance reports shows. read

A Premium Bonds saver has grown their savings from £5 to £50,000 after winning big in this month's Premium Bonds prize draw. read

With bank branches increasingly closing - some 163 this year so far - and a rising number of branchless challenger banks, it is becoming harder to visit a branch. read

Barclays is giving savers a rare deal on a cash account, with up to £500 on offer when transferring to one of its Isas. Whether it's worth it hinges on how much you have to transfer. read

More and more Britions are diligently saving up their money rather than spending it in a new trend known as 'revenge saving.' read

Some 575,200 customers have opened a Help to Save account since the scheme was launched in September 2018, paying a total of £588.2m into their savings pots. read

It's important that couples save as effectively and efficiently as possible for a deposit. Here are four tips to make things work. read

HM Revenue & Customs will be able to dip into bank accounts and Isas to recover tax directly from those who choose not to pay a bill. read

Santander has launched a new current account called Edge Explorer which comes with perks including cashback and travel insurance. read

I am the executor of our late mother's estate. She had an account with RBS in Kirkcaldy and Ive been trying to close it for about five months. read

Hargreaves Lansdown has entered the cash savings market with the launch of its own cash Isa account. read

Stocks and shares Isas have hit the headlines recently with Rachel Reeves wanting to encourage cash savers to invest their money instead. But how is it different to a cash Isa? read

We are a married couple who draws all of our income from savings interest but neither of us have had to submit self-assessment tax returns. read

An extra £28bn flowed into cash Isas in 2023/24 compared to the year before - a 67% rise year-on-year - taking the amount of money kept in cash Isas to £70bn. read

Nationwide has launched a new switching deal for new customers who open one of its current accounts - one of five banks currently offering a cash bonus. read

There are 10 cash prizes to be won each month, and savers could potentially win £5,000 if they put money in the account for 11 months in a row. read

Lloyds Bank is warning of a sharp uptick in romance scams targeting older customers with thousands of pounds of savings being lost to this ruse. read

This calculator works out how much a lump sum saved or invested, or regular monthly amounts put into the pot, could be worth over time. read

How hard does your bank account work for you? Here's our pick of the best accounts to make your money work harder, cut down on fees, or get free stuff. read

The latest top deals from savings platforms include a one-year fixed rate account paying 5.25 per cent and a two-year fix paying 5.08 per cent. read