News about James Hyde

The American Express Platinum Card has the highest APR ever - but there is a good reason for the eyebrow-raising rate. The card comes with a hefty £650 annual fee in exchange for benefits including worldwide travel and dining.

The rate on Savers' account will soon fall as a result of their rushed to open Santander's 5.2% best buy easy-access account in September last year. On September 4, 2023, the banking giant opened the blockbuster account, which lasted until 2023. The unemployment rate has decreased to just 1.05 percent after a year.

The Financial Conduct Authority has launched a campaign to raise money from moving savings accounts. The £600,000 ad campaign will encourage consumers to shop around for a better savings rate

Despite the best buy now being 5.2 percent and base rate being 5.2 percent, Lloyds, Barclays, NatWest, HSBC, and Santander are still offering poor paying easy access rates. Lloyds is the worst of the bunch, with only 1.4% on its bread and butter rate.

Savers are enjoying the best interest rates in 15 years, but getting the best deals requires patience and legwork. Customers' deposits are quickly shifting, while cash held in old accounts often ends up at poor rates. Savings portals are often thought of as a solution to this issue. These are pages on which you can view multiple savings accounts in a single location. You can now hold savings accounts with a number of banks and building societies that are accessible through one portal rather than having to deal with each login and paper work. So should you entrust your savings to a platform - or cut out the middleman and open accounts directly with banks and building societies?

After a fortnight of dramatic rises, the rate of mortgage rate seems to be slowing, but deals now stand at an eye-watering average of nearly 6 percent. According to financial analysts at Moneyfacts, the average price of a two-year fixed contract was 5.83 percent today, up only marginally from 5.82 percent yesterday. But it has increased from 5.64 percent a week ago, 5.35 percent a fortnight ago, and 5.30 percent a month ago. In June 2022, just over 5% was attained one year. The average for five-year fixed contracts was 5.48 percent today, marginally down from 5.49 percent yesterday. However, it has still up from 5.32 percent a week ago, and 5.02 percent two weeks ago. And if you were looking for a unique way to express yourself. The figure stood at 3.7 percent a year ago. After a downturn over the past fortnight, the number of mortgage products is also increasing today, with the figure sitting at 5,056 today. This was up from 4,831 yesterday. It was also a rise from 4,597 two days ago to 4,888 a week ago, but down from 5,192 two weeks ago. But it was 5,189 one month ago and 4,987 one year ago. According to MoneyFacts, certain lenders are returning to the market with new deals, but the majority of them are priced higher than the goods they sold.