In welcome news for cash-strapped Britons, energy supplier E.ON has announced a reduction in electricity prices.
‘Banking’ Category
Electricity Price War Spreads to E.ON
Posted in Banking on Tuesday, January 17th, 2012 at 11:41 by Jessica Haynes.
Virgin Money Offers Easy Access Saver Account
Posted in Banking on Tuesday, January 10th, 2012 at 11:16 by Jessica Haynes.
Now that Virgin Money has completed its acquisition of former rival Northern Rock, the bank is beginning to launch new financial products. One of its initial offerings is the Virgin Easy Access Saver account, which requires virtually no balance to begin earning interest funds; accounts of merely £1 will qualify for interest payments. The current [...]
New Customers of Virgin Money to pay Fees
Posted in Banking on Tuesday, January 3rd, 2012 at 11:00 by Jessica Haynes.
Banking customers are concerned about plans announced by Virgin Money bank, which will begin assessing a monthly fee of £5 on new current accounts.
Cash Machine Policies Questioned by UK Government
Posted in Banking on Tuesday, October 11th, 2011 at 10:01 by Jessica Haynes.
The Royal Bank of Scotland as well as Lloyds Banking Group have been challenged by the UK Treasury select committee to justify the policies they have implemented regarding their customers’ usage of the cash machines of rival banks.
Shopping Around For Financial Services
Posted in Banking, Credit Cards, General, Loans, Money Saving on Monday, June 21st, 2010 at 10:47 by Martyn Shaw.
When looking for financial services such as savings accounts or loans, most people turn to their local banker. In times past, this approach worked very well, especially if the consumer had a long-standing relationship with the bank. In today’s economy, however, automatically turning to your bank may or may not be in your best interests.
Keeping Your Debit Card Safe
Posted in Banking, General, Money Saving on Thursday, April 15th, 2010 at 11:55 by Jessica Haynes.
Debt cards have replaced cash as the most convenient way to pay for purchases. Whether online or in a local shop, the cards can be used with the ease of credit cards, but without the worries of incurring over-limit fees. While handy, it is important to protect your debit card from identity theft.
How to Make Ends Meet
Posted in Banking, Debt, General, Money Saving on Tuesday, March 16th, 2010 at 11:27 by Martyn Shaw.
According to the Consumer Credit Counselling Service, the number of people having difficulty meeting all their monthly expenses rose considerably in 2009 over the figures from 2008. Even for those who made their way through the worst of the recession, the task of managing to cover basic living expenses with available income seems an insurmountable task. If you find yourself in this position each month, there are a few things you can try to balance that monthly budget.
Depending Less on Your Credit Cards
Posted in Banking, Credit Cards, General, Money Saving on Monday, March 15th, 2010 at 14:40 by Jessica Haynes.
Many people use credit cards as an easy way to manage the household budget. They buy food, pay utilities, and handle a host of everyday expenses by using the cards, then settle the balance as soon as the monthly statement arrives. With some cards, the cash back option makes the use of the cards even more practical.
Protecting Yourself From Phishing Expeditions
Posted in Banking, General, Money Saving on Thursday, March 11th, 2010 at 12:02 by Jessica Haynes.
According to the UK Card Association, the incidence of phishing, an online strategy used to secure financial information from unsuspecting victims, has increased significantly in recent years. While some people think they may be above being swindled via online means, the fact is that people of every age, gender, educational, and economic status have fallen prey to this type of illegal activity. Fortunately, there are a few ways to minimise the chances of having your bank or credit card accounts compromised by phishers, and thus protect yourself from many of these schemes.
Is Now a Good Time to Buy a Home?
Posted in Banking, General, Mortgages & Property on Friday, March 5th, 2010 at 13:24 by Martyn Shaw.
Figures released by Halifax indicate that house prices dropped slightly during February 2010, effectively confirming figures recently released by Nationwide. Two of the primary reasons cited for the slight drop in price are the end of the stamp duty holiday for homes within a certain price range, and the fact that more homeowners are placing their homes on the market, after pulling them from active sale during the recession. While predictions of what will happen with housing prices over the next few months vary, the fact is that now may be a good time to begin looking.
