Consumers in savings vehicle 'boost' by Finance News Bulletin

Consumers in savings vehicle 'boost' - Published:31/08/07

customers are set to benefit from a plethora of high interest-paying accounts pending onto the market, MoneyExpertcom speculatesThe group's prediction comes after Sainsburys Bank announced it would be increasing the rate on its internet investor from 575 per cent to six per cent, despite the base rate having been detained by the store of England this monthResearch carried out by MoneyExpertcom indicates that almost one in ten of immediate access savings financial records pay out at 025 per cent above the current base rateSean Gardner, leader executive of MoneyExpertcom, said that a large number of new entrants on to the investments market, coupled with further increases in the bottom rate, had contributed to the trend"The existence of the six per cent savings account seem a long time before but we believe they're set to return with a revenge over the coming weeks," he additionalMr Gardner warned that when looking for a new account, clientele should look at the "track record" of a package"There are a figure of attractive accounts but many of these rely on short-term bonuses or need huge deposits,".

Sainsbury's Bank: Billions spent on second-hand cars - Published:08/11/06

The second-hand railway wagon industry is booming, according to Sainsburys Bank who discovered that a sum of almost £26 billion will be spent by next FebruaryAn average cost of £5,018 is to be paid for a second-half used car in the UK while 17 per cent of persons are planning on taking out a loan to fund the buySainsbury's Bank found that the south-east had the largest number of persons planning to purchase a used car between September 2006 and February next day with 1,143,000 people stating an intention to do soLoans boss at Sainsbury's Bank Steven Baillie explained: "Knowing the market worth of a vehicle will help to ensure owners get a fair price for it when they come to put up for sale or get the best deal with buying a new one Haggling is also an important part of getting a good deal and could put aside hundreds or even thousands of pounds"However, Mr Baillie went on to state that around not whole of people are not prepared to haggle at all for a second-hand car or if they do, they will quibble only somewhatSainsbury's Bank in a collaboration with What Car provides motorists with a free online assessment that incorporates the prices expected to be obtainable by dealers, in part exchange, by.

'Good value' from Sainsbury's Bank Internet Saver - Published:12/10/06

A new explanation from Sainsbury's Bank claims to offer good value for those eager to earn high interest on their investmentsThe Sainsbury's Bank Internet investor offers customers the opportunity to earn five per cent disgusting annual equivalent rate (AER) on balances starting at just £1 Unlike many saving explanations, the Sainsbury's Bank Internet investor does not rely on temporary bonuses or have restrictive terms and conditionsnext the Bank of England's new decision to increase the base rate of interest by 025 per cent, a number of banks have increased their saving interest ratesHowever, research from Sainsbury's Bank shows that of the 38 explanations offering rates of five per cent or more, 18 of them rely on introductory bonuses to boost earnings, whilst 23 have some form of restriction such as withdrawal chargesPeter Wood, Director of Savings, Sainsburys Bank explained: "Interest rates of fiver per cent or more are very attractive but some of the explanations paying these are heavily reliant on temporary bonuses or restrict access to your investments"He added: "Before choosing an explanation, make sure you understand and accept what your interest rate is dependent upon otherwise you could be in for a nasty surprise when it drops".

Consumers in savings vehicle 'boost' by Finance News Bulletin

Published: 31/08/07

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Consumers in savings vehicle 'boost' - Published:31/08/07

Sainsbury's Bank: Billions spent on second-hand cars - Published:08/11/06

'Good value' from Sainsbury's Bank Internet Saver - Published:12/10/06