They are simply automatic payments from your bank account. It then stops you missing any payments and save the hassle...
What is a credit card A credit card will allow you to spend money on ‘credit’, effectively allowing you to...
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An overdraft is a form of credit your bank may offer if your current account balances drops below zero. When...
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A balance transfer card can help you manage your debts better if you are currently paying interest on existing debt....
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A current account is a type of account held with a bank to manage your day-to-day money. It provides access...
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Albert Einstein reportedly said, ‘Compound interest is the eighth wonder of the world. He who understands it, earns it. He...
What is an ISA Introduced on 6th April 1999 to replace the Personal Equity Plans (PEP), an ISA (individual savings...
What is a premium bond and how do they work First introduced in 1956, Premium Bonds are now owned by...
UK Finance, the trade association that oversees the UK finance and banking industry, found in 2018 that criminals successfully stoke...
Interest is the cost of borrowing someone’s money. When you are borrowing money, you pay interest. When you are lending...
An overdraft is a form of credit your bank may offer if your current account balances drops below zero. When...
A joint account is a type of current account where two people (or more) can access funds as you would...
A current account is a type of account held with a bank to manage your day-to-day money. It provides access...
Your credit score is created from the information held in your credit report, also known as your credit file. A...
What is a basic bank account Up to 1.5 million people in the UK don’t have a regular bank account....
They are simply automatic payments from your bank account. It then stops you missing any payments and save the hassle...
Cheques are slowly becoming a thing of the past, but you might still need one to pay a bill or...
You may think that switching bank accounts would be a nightmare, but it is actually easier than ever! 99% of...
Compare the Market found that more than 1 in 10 people have fallen victim to a card skimming fraud in...
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