Banking & Savings

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....