Inflation-busting savings rates of 9% and cash Isas back in the sun as billions pour into them
Jun 02, 2023, 03:54 PM
Forget 5 per cent savings rates. Forget 7 per cent. A new regular savings deal has landed paying a headline-grabbing 9 per cent. But, is it actually a good deal?
Saffron Building Society aren't the only savings provider pumping up rates, with fixed-rates now hitting 5.25 per cent.
And cash Isas are back with a bang with a record amount poured into tax-free accounts in March and April.
That comes as more savers look to shield their money from the taxman, with more potentially busting their Personal Savings Allowance this year.
On this podcast, Georgie Frost, Lee Boyce and Helen Crane discuss all things savings and why people should be tracking down better rates.
The debate moves on to housing, with one property price index suggesting an annual value fall of 3.4 per cent. So what's going on?
Mortgage deals are being pulled left, right and centre and the amount borrowed in new mortgages dips a record low. Where is it all heading?
Plus, Lee argues that tech giant Meta needs to listen to big banks and take the huge volume of social media scams more seriously.
Helen gives a big update on her Crane on the Case column and the great dishes debate finally resolved: Is it cheaper to wash up by hand or use a dishwasher?
Saffron Building Society aren't the only savings provider pumping up rates, with fixed-rates now hitting 5.25 per cent.
And cash Isas are back with a bang with a record amount poured into tax-free accounts in March and April.
That comes as more savers look to shield their money from the taxman, with more potentially busting their Personal Savings Allowance this year.
On this podcast, Georgie Frost, Lee Boyce and Helen Crane discuss all things savings and why people should be tracking down better rates.
The debate moves on to housing, with one property price index suggesting an annual value fall of 3.4 per cent. So what's going on?
Mortgage deals are being pulled left, right and centre and the amount borrowed in new mortgages dips a record low. Where is it all heading?
Plus, Lee argues that tech giant Meta needs to listen to big banks and take the huge volume of social media scams more seriously.
Helen gives a big update on her Crane on the Case column and the great dishes debate finally resolved: Is it cheaper to wash up by hand or use a dishwasher?