Bank Account

Inflation Eating Away at Your Savings Bank Account?

admin — Fri, 25 Mar 2011 14:03:53 +0000

What is the best Bank Account for high tax rate payers?

The previous few years have been incredibly difficult for savers experiencing equally the reduced interest level conditions as well as the ever growing living costs.
The most recent numbers through the Bank of England reveal that the yearly rate of the cost of living has become at an excruciating 4.4%.

As a result, basically to defeat the cost of living and keep the existing valuation on their retirement savings, standard rate taxpayers require a bank account paying out at the very least 5.51%, whilst greater rate taxpayers need to bring in an enormous 7.34%.

Whilst you might not be in a position to defeat the cost of living by having an quick access account, there are many other savings accounts accessible which often can do this and have a great rate!

The very best typical saver account right now is through HSBC and will pay a set rate of 8.00% – sufficient to get over the 7.34% required by larger rate taxpayers – for the 12-month term.

Some Second Hand Devices Contain Bank Account Details.

admin — Fri, 25 Mar 2011 12:47:17 +0000

An Investigation from CPP, data security professionals, have uncovered that cellular devices are getting distributed on prior to individual details such as PIN numbers and bank account particulars have been taken off.

Some items found on ebay being sold with sim cards, second hand have been found to contain bank details and card details.

The study urged consumers to try harder to remove all details from their devices before selling them on and must be aware that the only way to do this is to do what is called a master reset. But also as a cautionary measure check bank statements regularly for suspicious transactions, which you should be doing any way.

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admin — Mon, 29 Mar 2010 15:33:29 +0000

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