Savings Guides

Effective budgeting is a key part of money management. Find out how methods such as the 50/30/20 technique, piggybanking and budgeting apps could help you better understand where your money is going and how you can make the most of it.

Effective budgeting is a key part of money management. Find out how making and managing a money budget could help your money go further.

Getting a decent return from your savings takes more than putting money in the first account you come across. Choose poorly and you won't come anywhere near to securing the best rate.

Getting a decent return from your savings takes more than putting money in the first account you come across. Our guide explains how to get the best return.

Do you want a guaranteed return or the chance of a winning big? Our guide on premium bonds vs. savings accounts explains the pros and cons of each.

Want to know the difference between a premium bond and a savings account? This guide explains the pros and cons of each.

With the right current account you could enjoy valuable additional benefits while securing a return on a portion of your savings.

With the right current account you could enjoy valuable additional benefits while securing a return on a portion of your savings.

Every basic rate taxpayer in the UK currently has a PSA of £1,000, which means the first £1,000 of savings interest earned in a year is tax-free and you only have to pay tax on savings interest above this.

Every basic rate taxpayer in the UK currently has a PSA of £1,000, which means the first £1,000 of savings interest earned in a year is tax-free.

With AER, gross rate and net rate all ways of expressing the amount of interest paid by an account, find out the key differences between these three concepts.

With AER, gross rate and net rate all ways of expressing the amount of interest paid by an account, find out the key differences between these three concepts.

We all know that we earn interest on our savings. But what happens to the interest once we've earned it? It’s either moved (or paid) into a different savings or current account, or it stays in the same account and is added to your savings.

What does compound interest mean? Read out guide to find out more.

What are your options if your local bank branch faces closure?

What are your options if your local bank branch faces closure?

In this guide we’ve listed some of the different ways you can finance your home renovation project.

In this guide we’ve listed some of the different ways you can finance your home renovation project.

All banks and building societies listed by Moneyfacts are signed up to a depositor protection scheme that would cover your money in the event the institution went bust. This guide gives you all the information about depositor protection limits and rules across different regions and areas.

This guide gives you all the information about depositor protection limits and rules across different regions and areas.

A challenger bank is typically a smaller, recently launched bank that aims to challenge the dominance of the long-established banking giants. Read our guide to learn more.

A guide to what challenger banks are and their rise in popularity.

There are many reasons why you may want to give a cash gift to your loved ones. We explain the implications from a tax perspective.

There are many reasons why you may want to give a cash gift to your loved ones. We explain the implications from a tax perspective.

Saving for a deposit can seem like a daunting task but there's plenty of practical steps you can take to boost your savings and cut your costs.

Saving for a deposit can seem like a daunting task but there's plenty of practical steps you can take to boost your savings and cut your costs.

A trust is where money or other assets are held on behalf of somebody else (known as a beneficiary). The beneficiary could be a child, an adult who lacks capacity to manage their own affairs or an organisation. Read our guide to find out more about trust accounts.

A trust is where money or other assets are held on behalf of somebody else. Our guide explains more.

From expected profit rate to home purchase plans, there are a number of terms you will have to know if you are to consider a provider which complies with Islamic banking principles. Also known as Shari’ah-compliant banking, we explain below how this works.

From expected profit rate to home purchase plans, there are a number of terms to consider when using an Islamic banking provider.

Savings platforms bring together selected savings accounts of many banks and building societies into one place for savers

Savings platforms bring together selected savings accounts of many banks and building societies into one place for savers

Eight times a year, the Bank of England’s (BoE) Monetary Policy Committee meets to decide the UK’s base rate. When this happens mortgage and savings rates will feel the impact, affecting consumers across the board. Below we have explained what the BoE’s base rate means and how it affects you.

We have explained what the Bank of England’s base rate means and how it affects you.

This guide reveals which brands operate under which banking licence, helping savers work out to what degree their savings are protected by the FSCS.

This guide reveals which brands operate under which banking licence, helping savers work out to what degree their savings are protected by the FSCS.

Help to Save is a Government scheme that offers a bonus of up to £1,200 on your savings.

Help to Save is a Government scheme that offers a bonus of up to £1,200 on your savings.

How does investing with robo-advice work or should you manage your own investments or speak to a financial adviser?

How does investing with robo-advice work or should you manage your own investments or speak to a financial adviser?

In today’s world of low savings rates, some may be wondering whether their money could be working harder by paying off their mortgage instead. We explore more in our guide.

In today’s world of low savings rates, some may be wondering whether their money could be working harder by paying off their mortgage instead.

Find out how money saving apps work and how they use AI to help you save money everyday.

Find out how money saving apps work and how they use AI to help you save money everyday.

A glossary of key terms for structured deposits.