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All reviews (11)

Review of the NS&I, Premium Bond:

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Premium Bonds are the one everyone knows when it com...

Premium Bonds are the one everyone knows when it comes to NS&I, with a limit of £50,000 and no guaranteed return they might not be for everyone but your money is 100% safe from financial collapse of institutions and the winnings are 100% tax free so if you're likely to pay tax on interest then Premium Bonds may be for you. The monthly lottery can be an exciting moment of surprise for those with the right temperament not to be disappointed if they're unlucky. Reviewed on: 27th January 2024

Review of the NS&I, Income Bonds:

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Safe and sometimes market leading!

I happened to snag some Guaranteed Income Bonds at their peak interest rate which was excellent although not typical of NS&I's offerings as they are usually not chart-topping and it's worth remembering that unlike Premium Bonds Guaranteed Income Bonds are taxable for interest. Although NS&I is guaranteed by the treasury so people can rest easy on the security of their money. Reviewed on: 27th January 2024

Review of the Nationwide, Regular Savings:

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Nationwide currently offers the best Regular Saver i...

Nationwide currently offers the best Regular Saver interest available at 8% on up to £200 a month. This is a fantastic offer and came strongly out of nowhere as Nationwide don't typically place in the charts for savings rates which is the only real downside, most of their other products are woefully behind the current market rates. Reviewed on: 27th January 2024

Review of the first direct, Regular Saver Account:

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The First Direct Regular Saver is one of the best on...

The First Direct Regular Saver is one of the best on the market paying an excellent 7% interest on regular contributions of up to £300 a month. It's only beaten out by Nationwide currently on interest but with Nationwide having a lower regular contribution allowed. Reviewed on: 27th January 2024

Review of the RBS, Select Current Account:

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The RBS Select account has a major drawback which in...

The RBS Select account has a major drawback which in my opinion seriously detracts from the account's usefulness. The account charges fees for failed transactions due to insufficient balances, this encourages users to maintain an excessive balance in their current account, not only missing out on interest, but also leaving them vulnerable to misuse of their debit card. Personally I prefer to transfer money from inaccessible savings to my current account prior to each purchase as an added layer of security protecting my funds from fraud. Reviewed on: 27th January 2024

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