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Virgin Money: 2% interest rate and free wine deal ends tonight - Britons urged to act fast


| UPDATED: 14:26, Sun, Feb 14, 2021
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Virgin Money customers alongside those thinking of switching will need to act by today if they wish to take advantage of the bank’s incentives. As of midnight tonight, Virgin Money will be withdrawing its Brighter Money Bundles deal, which has enticed many customers over the last few months. The package was first launched in November 2020 in an effort to reward both new and existing customers. ....

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Santander: Bank set to slash interest rate on its 123 current account for third time | Personal Finance | Finance


In addition, there will not be any changes applied to the cashback benefits the accounts provide - which are an enticing feature for Britons.
The bank has said it will be contacted all customers within the next few weeks to inform them of the changes and how they may be affected. 
A “small number”, it stated, may end up paying more for their account than they currently earn on it. 
Susan Allen, CEO of retail and business banking at Santander commented on the new decision.
Santander: Some people are turning to ISAs as interest rates are so low (Image: EXPRESS) ....

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Negative interest rates: Measure may be a 'game changer' - Britons may have to pay to save | Personal Finance | Finance


| UPDATED: 22:51, Wed, Jan 13, 2021
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Negative interest rates have so far never been introduced in the UK’s history, despite their use in other countries, such as Japan and Switzerland. However, when the Bank of England took the decision to reduce its base rate to an historic low of 0.1 percent, the move was a shocking one. It led to further speculation regarding interest rates, and whether these could even be lowered further than the current rate at which they are set. ....

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NatWest: Savers can gain three percent interest rate account - eligibility explained | Personal Finance | Finance


| UPDATED: 22:20, Mon, Jan 11, 2021
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NatWest is used by millions of people each year to manage their money, particularly in savings accounts. But with interest rates at shocking lows, people are likely to be looking for a suitable option not only to manage their funds but to also grow them. Optimistic Britons could be shopping around for the best type of savings account to meet their needs, and there are a number of choices available. ....

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