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September 2019 News Archive

Explore our archive of financial news, savings, mortgages and personal finance articles published in September 2019. Browse articles below for key developments, expert analysis and insights from the month.

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Coventry BS launches competitive regular savings account

28th September 2019

Coventry Building Society has launched a new highly competitive regular savings account today offering a rate of 2.5% AER for the first 12 months

Coventry Building Society has launched a new highly competitive regular savings account today offering a rate of 2.5% AER for the first 12 months

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Half of top easy access savings accounts have withdrawal restrictions

25th September 2019

Savers wanting to get the best rates on an easy access savings account may have to opt for one with withdrawal restrictions, as half of the accounts offering the top 10 highest rates have some sort of withdrawal restriction

Savers wanting to get the best rates on an easy access savings account may have to opt for one with withdrawal restrictions

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Charter Savings Bank withdraws competitive savings accounts

19th September 2019

Charter Savings Bank has withdrawn a number of its highly competitive saving accounts today, including its chart-topping 5 Year Fixed Rate Cash ISA, but fortunately for savers, there are a number of accounts that offer the same or higher rates

Charter Savings Bank has withdrawn a number of its highly competitive saving accounts today, including its chart-topping 5 Year Fixed Rate Cash ISA

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NatWest and HSBC introduce switching cashback incentive

18th September 2019

In the past week alone, two banks have introduced a cashback switching incentive on their bank accounts, which could be the start of increased switching competition among providers

In the past week alone, two banks have introduced a cashback switching incentive on their bank accounts

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Credit card APR hits record high

17th September 2019

Recent Moneyfacts research has revealed that there has been a significant rise in the average APR on credit cards in the period from June to August this year.

Recent Moneyfacts research has revealed that there has been a significant rise in the average APR on credit cards in the period from June to August this year.

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Annuity incomes fall to historic low

10th September 2019

Annuity rates are at their lowest point in the product’s history, with income payable falling by over 10% since the beginning of the year, research from Moneyfactscompare.co.uk reveals

Annuity rates are at lowest point in the product’s history, with income payable falling by over 10% since the beginning of the year

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Drop in 95% LTV mortgage competition hits first-time buyers

9th September 2019

With the total number of 95% loan-to-value (LTV) mortgage deals falling, while those on a 90% LTV are on the rise, first-time buyers may want to wait until they can save for a 10% deposit to take advantage of the better rates

With the total number of 95% loan-to-value (LTV) mortgage deals falling, first-time buyers may want to wait until they can save for a 10% deposit

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Moneyfactscompare.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfactscompare.co.uk will always be from news@moneyfacts-news.co.uk. Be ScamSmart.