Where your money is treated best right now
Savings
The FSCS now protects more of your cash savings via its compensation schemes, but make sure you’re protected.
Do you do Premium Bonds? Should you? The answer largely comes down to your tax bracket and the size of your stash.
Better known as a global investment giant, Vanguard is currently paying a highly competitive interest rate on cash parked in its ISA, SIPP, and general trading account products. Vanguard doesn’t publicise it but you can currently earn a Vanguard cash interest rate of 3.0935% to 3.1% on money you leave uninvested in its platform. This [...]
Rising interest rates mean you need to think about paying tax on your bank account earnings…
Every year seems weird these days. Maybe it’s all down to the coming singularity. Certainly 2022’s quadruple whammy of war, drought, inflation, and plunging equity and bond prices has provided enough contrast to please even a late-stage Picasso. Crops wither while inflation runs wild! Energy prices soar while portfolios plummet! Or maybe it’s just the [...]
A few years ago I was the proud manager of multiple bank accounts. Pretty surprising, considering I’m hardly the most industrious rodent in the rat race of work. In this post I’ll talk about how I ended up with so many bank accounts and what I learned. I’ll also share a few tips to help [...]
This article on the importance of your savings rate is by Budgets and Beverages from Team Monevator. Check back every Monday for more fresh perspectives from the Team. I have a new hero in life. His name is Tony Stark. You might know him as Iron Man. Tony Stark is a superhero and plays a [...]
A one-off, hard-hitting special in which an old pro shows us how to survive in a low interest world.
Inflation linked savings bonds look set to become more common than ex-North African dictators house-hunting in London. But not all are created equally.
National savings certificates offered attractive vehicles for our savings, but there are various alternative homes for your money.