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Money news

New Sainsbury’s credit cards will help customers to live well for less

Sainsbury’s has become the latest provider to ‘up the ante’ in credit card war with the launch of two new cards – the Sainsbury’s Low Rate Nectar Credit Card and …

Mortgage rates tumble, but watch out for the fees warns Uswitch.com

Commenting on recent mortgage rate moves, Michael Ossei, personal finance expert at Uswitch.com, says: “Fixed rate mortgage rates have continued to slide this week, with rewards available for both existing homeowners and first …

Banks’ territory is further threatened with Post Office current account launch

The Post Office is launching a new current account in Spring 2013, initially launching in some branches before a wider roll-out in 2014. Michael Ossei, personal finance expert at Uswitch.com, says: “This …

Pick and mix time for consumers with new rules on packaged accounts

On Sunday 31st March 2013, new rules from the Financial Services Authority (FSA) will come into effect. Banks will have to send packaged account customers annual statements outlining whether they …

More desperation than aspiration: over a third of consumers believe budget will push UK back into recession

Over a third (35%) of consumers believe the UK is more likely to fall into a triple dip recession following this week’s Budget[1] Almost half (45%) say they will be …

Tesco tops tables for a matter of hours before Barclaycard retaliates with 26-month balance transfer card

Michael Ossei, personal finance expert at Uswitch.com, says: “The battle in the credit card market is heating up as Barclaycard launches a new 0% 26-month balance transfer card just hours after Tesco …

Tesco shoppers set to benefit from new 25-month balance transfer card

Tesco Bank has today announced a new 0% 25 month period for balance transfers on its Clubcard Credit Card. Michael Ossei, personal finance expert at Uswitch.com, says: “Tesco’s decision to increase the …

Household bills rise 25% since 2008 – consumers more worried about living costs than their health

Essential bills rise 25% in five years – car insurance (67%), gas (52%), electricity (32%) and petrol (33%) see biggest hikes[1] Wages climb just 6% over same period[2] although in …

With less than 1 in 3 satisfied with interest rates, ISA savers turn to building societies to stash their cash

Consumer gloom in savings market – just 32% satisfied with the interest rate offered by their main ISA/savings provider[1] Two fifths (42%) of cash ISA savers would pick a building …