Money Saving News for June 2009
- Increase in leisure spending on balance transfer credit cards - 18th June, 2009
New research has shown that people used their balance transfer credit cards to spend more on leisure time in the first quarter of 2009.
Conducted by Virgin Money Credit Cards, the report revealed that spending on going out to bars, cinemas, theatres and restaurants increased by 25 per cent year-on-year between January and March... - Capital investments offered by Abbey and Alliance & Leicester - 18th June, 2009
Those looking for guaranteed returns on their capital investments may want to look at the new issues of two funds by Santander members Abbey and Alliance and Leicester.
One option, Issue 23 of the Guaranteed Growth Plan, allows customers to make investments in the stock market with a minimum return of ten per cent and a maximum of 40 per cent... - Chesham Building Society prepares to launch high interest savings bond - 18th June, 2009
A market-leading high interest savings bond is to be unveiled by Chesham Building Society tomorrow (June 19th).
The one-year fixed-rate deal will offer the best gross return in the UK with interest of 3.95 per cent, beating off competition from National Counties Building Society, whose savings bond gives 3.91 per cent, and Abbey, which is offering 3.75 per cent... - Home contents insurance can save money at a festival - 18th June, 2009
With Glastonbury kicking off next weekend (June 26th), esure has reminded festival-goers that home contents insurance could protect them against the loss or damage of any items.
Despite being out of the house, many providers offer home contents insurance to cover personal belongings which often go missing during a messy weekend at a festival, according to esure... - Money saving tips offered to festival revellers - 17th June, 2009
Those looking to join the hundreds and thousands of music lovers who attended the Isle of Wight and Download festivals last weekend (June 12th-14th) have been offered some money saving tips from an expert.
Writing in the Daily Telegraph, Emma Wall said that with tickets for weekend events often costing over £100, music lovers will want to look for other ways to save money through discounts and bargains... - Utility bills paid for a year in moneysupermarket.com offer - 17th June, 2009
A new competition has been launched by finance website moneysupermarket.com inviting entrants to the chance to have their utility bills paid for a year.
The lucky winner will receive free energy for 12 months, a prize worth £1,300, while ten runners up can also get their hands on £300 to offset the average rise in utility bill costs between this year and 2008... - Cheap home insurance to protect against subsidence - 17th June, 2009
With warm weather creating the threat of subsidence over the summer, moneysupermarket.com has identified the cheapest home insurance deals which cover such a problem.
The Met Office has predicted higher than average temperatures and low rainfall, which according to the finance website could increase the risk of foundation instability caused by dry ground... - Best mortgage deals 'disappearing' - 17th June, 2009
A slew of high street banks are increasing the interest on their mortgages, meaning that the best deals will soon not be available.
Nationwide and Chelsea Building Society have both hiked up interest on various mortgages and Cheltenham & Gloucester, along with Abbey, is set to follow suit today (June 17th)... - Child Trust Fund investment advice offered - 16th June, 2009
The Tax Incentivised Savings Association (TISA) has advised parents that now is a good time to take advantage of the government's Child Trust Fund investment scheme.
June 29th is the beginning of My Money Week, which will see primary school children taught about basic finance, and TISA has urged parents to help them by investing in their future... - Abbey offer tips for using credit cards abroad - 16th June, 2009
Santander member Abbey has advised those looking to use credit cards abroad on holiday this year to avoid becoming the victim of foreign transaction charges.
Research by the bank shows that four out of ten holidaymakers see their credit card as an "essential item" for travelling, but some providers may charge exchange fees for any transactions made on foreign soil...