DIY investment platform Trading 212 today boosted the rate on its cash Isa for new customers, bringing the rate above 5 per cent. This Is Money readers can sign up with this exclusive Trading 212 link to claim the promotional rate which is valid until the end of January.
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OUR MOST POPULAR SAVINGS TABLES
- Top EASY-ACCESS deals with rates of up to 5%
- Best FIXED-RATE savings with interest as high as 4.95%
- CASH ISAS for tax-free savings: Rates as high as 5.1%
- The very best of NS&I: Premium Bonds at 4.4%
- MONTHLY INCOME seekers: Top rates of up to 4.73%
- Sign-up to our SAVINGS ALERT service for latest rates
The UK can't borrow for growth so let's offer savers and pension investors a good deal and use their cash: SIMON LAMBERT
The government represents the UK and its people and some of those people are sitting on a lot of money. Cash savers and pension investors in retirement tend to be pretty cautious: they want good returns, but they also prize them being reliable and from a low-risk source. Perhaps the answer to unlocking the UK's growth conundrum is to offer that to them.
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Can you keep money your job or bank sends you by mistake? Santander warns customers paid wages twice in 2021 they DO need to return cash
Santander is still in the process of recovering £130million it accidentally paid to customers over three years ago. A payment error on Christmas Day 2021 meant that some 75,000 payment transactions, at an average of £1,733 each, were wrongly put through twice. And Santander's efforts to recover the money it wrongly sent to customers are still ongoing more than three years on. This is Money spoke to two consumer champions to find out whether you'll have to pay money back if you receive money you aren't owed from a bank, or if your job overpays you, and what your rights are.
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Can I max out Premium Bonds for my children to boost my own chances of winning - and what happens if they scoop a big prize?
I'm in the fortunate position of investing for both my children. I'm also saving diligently for myself in investments and pensions. I have surplus cash to spread around, and have already maxed out my personal £50k Premium Bonds allowance, and also have Income Bonds with NS&I. If I were to put £50,000 into Premium Bonds for both my children, what happens to the prizes? Are they paid into my current account?
Premium Bonds Winners
Prize | Area | Value of bond |
£1,000,000 | Liverpool | £18,025 |
£1,000,000 | Gloucestershire | £17,480 |
£100,000 | South West Wales | £49,000 |
£100,000 | Inner London | £10,000 |
£100,000 | South Yorkshire | £5,000 |
£100,000 | Inner London | £15,000 |
£100,000 | North Yorkshire | £20,000 |
£100,000 | Wales | £10,000 |
I fear the time has come to ditch NS&I (even your Premium Bonds) before a rates avalanche, says SYLVIA MORRIS
The grinches at National Savings & Investments (NS&I) have been busy dishing out massive cuts in its rates and prize fund in a desperate bid to stem the wall of money coming its way. And don't rule out further cuts if money keeps pouring in. Even with rates as they are, I would seriously consider whether to stay with NS&I.
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Savings calculator: Work out interest and investment returns on lump sums and regular monthly saving
Best savings rates: Savings platforms to manage your money in one place - with easy-access, fixed-rates and notice accounts and bonus boosters
A new wave of savings platforms have emerged in recent years which help savers keep track of their accounts more easily and move money into better rates after signing up. We round them up, look at the top rates from savings platform Raisin and reveal whether they beat the best buys in our independent This is Money savings tables.
HOW THIS IS MONEY CAN HELP
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Premium Bonds Winners
Prize | Area | Value of bond |
£1,000,000 | Liverpool | £18,025 |
£1,000,000 | Gloucestershire | £17,480 |
£100,000 | South West Wales | £49,000 |
£100,000 | Inner London | £10,000 |
£100,000 | South Yorkshire | £5,000 |
£100,000 | Inner London | £15,000 |
£100,000 | North Yorkshire | £20,000 |
£100,000 | Wales | £10,000 |
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