Related Links

Bookmark and Share

Featured Links

Recommended Sites
Savings Links





Quote of the Day

"The poet is in the end probably more afraid of the dogmatist who wants to extract the message from the poem and throw the poem away than he is of the sentimentalist who says, "Oh, just let me enjoy the poem.""

Robert Penn Warren



Recommended Products





 


 
Featured Savings Articles

Negotiating Huge Savings On Used Cars
Getting Huge Savings on a Used Car, Buying a new car is a long term investment. It is usually the second only to a home as the most expensive thing ever bought. The person has to shell out a vast sum of money later on not only for gas but its proper ...

Seven Tips to Maximize Savings on Prescriptions
Seven ways to Reduce Prescription Costs 1. There is a group called the Medicine Program that can help you find Pharmacies that participate in their program. Some of the discounts are significnt. Contact them to see if you fit in the program. P.O.Box 1089, ...

Wedding Day Savings
A little strategizing can go a long way when trying to cut down on spending for the big day. Invitations, flowers, and music can cost a small fortune but by making some adjustments to these elements you can have an elegant wedding without breaking the ...

Barclays launches their new High Interest Savings Account
 
Barclays is launching a market leading 10 percent Regular Saver account, whilst completely revamping its savings range to make it simpler. It is the latest move from Barclays in its campaign to deliver good value for money products to attract new customers.

The account is simple and easy to apply for online with a typical application taking around 10 minutes. The new ">http://www.barclays.co.uk/10"> High Interest Savings Account will pay out 10 percent gross/AER interest on savings between £25 and £250 per month for one year after the account is opened (it will be marketed from February 16th 2006 until April 26th 2006). It will be available to both new and existing customers, with the single pre-condition that the customer pays a minimum of £1000 into a Barclays current account each month via a mandated salary or pension credit.

Bruce Kelsall, Barclays Retail Banking Commercial Director, said: "The improvement and simplification of our savings range and the 10 percent Regular Saver Account demonstrates Barclays determination to give its existing customers value for money products and attract new customers."

"Together with our recent launch of a best in market general insurance proposition and the 0 percent overdraft switcher offer we believe this shows we are serious about offering consumers the best products and service. We will be launching new products across current accounts, savings and mortgages during the course of 2006 to attract more customers to Barclays and retain those already with us."

At the same time Barclays is simplifying and improving its existing savings range with the launch of two new products and an interest rate increase for younger savers. All of the new accounts can be operated through Barclays branches or via telephone or internet banking:

-- Instant Access - New 'Easy Saver' will pay 3 per cent AER on any investment over £1 with no loss of interest if you withdraw. This offers a better rate of the equivalent Halifax, Nationwide, Natwest, Lloyds TSB and HSBC accounts***. In addition, the E savings account is being retained and will continue to pay from 4.14 per cent up to 4.43 per cent AER for balances between £1 and £100k+.

-- Starting to build savings - New 'Bonus Saver', will pay from 3.6 per cent AER on £5,000 savings up to 4.11 per cent AER on £100,000, this includes an equivalent annual bonus of 1.5 per cent which is paid each month provided that no withdrawals are made in the month.

-- Short term lock-away - New 'Regular Saver' pays 10 per cent interest over a one year term on monthly investments up to a maximum of £250. Money must be left for one year without withdrawal. After one year the balance will be automatically transferred to an Easy Saver account or customers can invest in Barclays Cash ISA which pays up to 5 per cent tax-free.

-- Savings for children - Introduction of a new competitive rate of 4.07 per cent AER, up from 2.52 per cent AER, on balances between £1-£50 in Barclays 'Childrens Savings' account.

For further information: http://www.barclays.co.uk/10
Emma Austin (née Keens)
PR Manager, Barclays Corporate Affairs
Office +44 (0)207 116 6145
One Churchill Place, London E14 5HP



About the author:

None




Google
Savings News


Nebraska college savings plan switches managers
CNNMoney.com - 1 hour ago
NEW YORK (Associated Press) - State Treasurer Shane Osborn says the state will sever ties between a Nebraska college savings plan and an investment firm. ...

Business Wire (press release)

With More Items, Bigger Savings and Better Deals Than Ever, Toys"R ...
MarketWatch - 8 hours ago
Whether a trip to stores on Thanksgiving weekend is part of a holiday tradition or a money-saving tactic, savvy shoppers can't afford to miss an early stop ...
Bill Me Later Fast Tracks Holiday Shopping with Cool Gifts and Hot ... MarketWatch
all 15 news articles

Security Savings Bank’s parent seeks capital from Treasury program
Kansas City Star, MO - 13 hours ago
By MARK DAVIS The parent company of struggling Security Savings Bank has told shareholders it would seek up to $15 million in capital under the US ...
First Horizon Receives US Treasury Funds to Build Capital, Aid Lending MarketWatch
all 19 news articles

Dividend.com

Everybody wants to be a banker
Houston Chronicle, United States - Nov 18, 2008
The price of admission is owning a bank or savings and loan. That’s why some of the country’s largest life insurers, including Lincoln National and Hartford ...
Amex, Hartford, Popular Join Firms Seeking TARP Funds (Update2) Bloomberg
Insurer buying small savings and loan to qualify for government ... MarketWatch
Protective Life, Principal Financial Applying for Assistance Under ... Trading Markets (press release)
TheStreet.com - Bloomberg
all 351 news articles

Kansas to auditors: Search for savings
Bizjournals.com, NC - 23 hours ago
Auditors also have been directed to of studying the state’s bureaucracy to consider further cost-saving measures, such as consolidating data-management ...

Dutch Insurer May Tap Fund
New York Times, United States - Nov 18, 2008
To qualify for TARP financing under current guidelines, Aegon would need to buy an American savings and loan. In its filing, the company cited Suburban ...
Aegon Hopes To Tap Into TARP Forbes
Dutch insurer Aegon may seek US assistance The Associated Press
Taxpayers Going Dutch? CNBC
CFO.com Magazine - MarketWatch
all 99 news articles

Commercial Savings Bank is Moving in October of 2009
MarketWatch - 19 hours ago
MARION, Ohio, Nov 19, 2008 /PRNewswire via COMTEX/ -- Commercial Savings Bank (CSB) is pleased to announce the purchase of a new facility in Marion. ...