When was the last time you used spare change? Other than scrambling to find a quid for the supermarket trolley depending on where you shop, or for car parks that still don’t take digital payments, the answer might be pre-pandemic. Many sellers of The Big Issue often carry card readers now and even some places … Read more
Barclays shuts down reward scheme for customers who do not use the internet By Helena Kelly For The Daily Mail Published: 22:01 BST, 11 May 2021 | Updated: 22:01 BST, 11 May 2021 Only customers who are signed up to online banking or the mobile app can benefit from Barclays’ Blue Rewards Barclays is shutting … Read more
Act fast to bag a better bond: Handful of banks return to the market after long absence By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 11 May 2021 | Updated: 22:08 BST, 11 May 2021 Deal time: Rates on short-term bonds have improved Rates on short-term bonds have improved as a handful … Read more
Hundreds of thousands face new NS&I tax bill over changes to Guaranteed Growth Bonds By Sylvia Morris For The Daily Mail Published: 22:00 BST, 11 May 2021 | Updated: 22:11 BST, 11 May 2021 National Savings & Investments changed the way its popular Guaranteed Growth Bonds worked two years ago Hundreds of thousands of NS&I … Read more
Village bell-ringers and local bowls clubs are having their bank accounts closed by HSBC in a crackdown on money laundering. Last month, Money Mail revealed how the international bank had shut down the account of a pigeon racing club, and we have since heard from other community groups which have also been hit. Under action … Read more
A revolutionary new ‘click-and-collect’ cash pilot scheme has just launched in the Staffordshire town of Burslem. It’s an initiative that if successful could be rolled out nationally and prove a financial lifeline for the eight million people still dependent on cash to manage their household finances. Using a phone app, the service – provided by … Read more
Britons will hang on to some of their lockdown savings habit in 2021 but in a blow for cash savers the base rate could stay at an all-time low for another two years, the Bank of England said yesterday. In its latest monetary policy committee report the central bank forecast the base rate could inch … Read more
Hundreds of thousands of savers face the prospect of handing some of their savings interest to the taxman after two-year-old terms and conditions changes by NS&I begin to bite, This is Money can reveal. The Treasury-backed bank altered the way in which savings interest is treated for tax purposes in May 2019, with just under … Read more
There were more than 25,000 complaints about packaged bank accounts last year as Britons were left with monthly fees for perks rendered useless by the pandemic. Customers of the likes of Halifax, NatWest and Nationwide Building Society are charged upwards of £10 a month for additional benefits like breakdown cover, travel and mobile phone insurance … Read more
Money is said to make the world go around. And all over the globe you’ll find a fascinating mix of theories on how best to manage your cash. From ‘kitty parties’ hosted by Indian housewives to mindful budgeting in Japan, here Money Mail explains the different money-management methods millions swear by… Thrifty planet: All over … Read more