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A healthy credit score has its benefits, so make sure you manage your debt correctly.
Before you start university, make sure to organise your finances.
Explore the best cards with a 0% introductory period.
Could the value of your state pension rise by more than inflation?
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Looking for inflation beating returns? Investing in shares could be an option.
A healthy credit score has its benefits, so make sure you manage your debt correctly.
Before you start university, make sure to organise your finances.
Explore the best cards with a 0% introductory period.
Could the value of your state pension rise by more than inflation?
Will your loved one's gift be tax affected?
Looking for inflation beating returns? Investing in shares could be an option.
If you've decided to take the plunge and start a new life abroad, there's one key thing you need to do – make sure your finances are in order. Funding a career change in a whole new country can be costly, so having suitable offshore savings arrangements is vital, helping keep you on track no matter how far from the UK you may end up.
Even though you'll want to open a current account in your adopted country to fund your day-to-day life, chances are you'll still want to maintain a link back home. Offshore accounts are the only option for expats wanting to bank with well-known UK institutions – you can't use a mainland savings account without a UK address – but there are a number of additional benefits too.
For starters, they can be held in different currencies to help make transfers between accounts quick and simple, and they could well be more secure than having an account in the economy you are planning to reside – particularly when you consider the depositor compensation schemes of UK, Isle of Man and Channel Island institutions. You'll often get interest paid gross as well, and while you may still need to pay some kind of tax, it could end up being more cost-effective than if you were to bank elsewhere.
Looking to compare offshore accounts? View today's best offshore savings rates.
It's important to remember that the benefits and conditions of any offshore product will depend entirely on the account itself, your new place of residence and your individual circumstances, with tax rules differing according to country. Luckily, offshore accounts will be managed by specialists in international banking, so you can be confident in getting the help you need. Just make sure to do sufficient research and seek expert advice, and you can be savings savvy wherever you are.
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Disclaimer: This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.
All banks and building societies listed by Moneyfacts are signed up to a depositor protection scheme that would cover your money in the event the institution went bust. This guide gives you all the information about depositor protection limits and rules across different regions and areas.
This guide gives you all the information about depositor protection limits and rules across different regions and areas.
A challenger bank is typically a smaller, recently launched bank that aims to challenge the dominance of the long-established banking giants. Read our guide to learn more.
A guide to what challenger banks are and their rise in popularity.
If you're lucky enough to win one of those draws, NS&I will write to you to give you the good news. However, if they don't have your current contact details, you may not realise your good luck.
If you're lucky enough to win one of those draws, NS&I will write to you to give you the good news. If you haven't updated your details, here is what to do.
All banks and building societies listed by Moneyfacts are signed up to a depositor protection scheme that would cover your money in the event the institution went bust. This guide gives you all the information about depositor protection limits and rules across different regions and areas.
This guide gives you all the information about depositor protection limits and rules across different regions and areas.
A challenger bank is typically a smaller, recently launched bank that aims to challenge the dominance of the long-established banking giants. Read our guide to learn more.
A guide to what challenger banks are and their rise in popularity.
If you're lucky enough to win one of those draws, NS&I will write to you to give you the good news. However, if they don't have your current contact details, you may not realise your good luck.
If you're lucky enough to win one of those draws, NS&I will write to you to give you the good news. If you haven't updated your details, here is what to do.
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I accept. Read our Cookie PolicyMoneyfactscompare.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.
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.
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.
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.
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.
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.