Good accurate information.
I have followed the advice of Savings Champion from day 1. At first I used to cross check the information provided with that of similar sites. Now I go straight to their web page and choose the bank best suited for my needs. No further check are required.
If you're looking to find a home for…
If you're looking to find a home for your cash savings this website is a must! Transparent,informative and more to the point whole of market.Also useful financial news items in the weekly digest. People often complain about pathetic interest rates from their bank / building society.Now you have no excuse.Read their alerts and find the best rates available.
It's a shame that I can only give '…
It's a shame that I can only give ' Savings Champion ' 5 stars as I would not hesitate to give more if I could. They were first brought to my attention by Paul Lewis ( BBC Moneybox/ Saga, etc ) when I heard him speak at a company pension conference, and he highlighted this independent, whole of market company who really are what it says on the tin, i.e savings champions for anyone looking for honest, trustworthy advice for cash savings and more besides if you want it. Twice weekly updates on the best rates and considered comments on current events such as the budget. These emails from company co founder Anna Bowes are among my most keenly awaited each week and having met and spoken to her, her passion for the subject is infectious and clearly rubs off on the other staff members and all advice and guidance is given in plain, straightforward language. Very highly recommended.
Always clear and useful advice
Always clear and useful advice, which is up to date with savings market devdlopment
Excellent unbiased comment on the cash…
Excellent unbiased comment on the cash savings market, primarily providing frequent updates on interest rates & changes as soon as they happen. Weekly (weekend) overviews with more in - depth overviews that will be of interest to those savers who favour cash holdings. You'll find interest rate league tables that include many Challanger Banks, whose voices are constantly crowded out by the large (complacecent) high street behemoths, but offer far more returns on your savings. If they Savings Champion offered a similar published service on SIPP cash deposit savings they would be peerless! Roger H
Honest, sensible advice with no pressure.
We have used Savings Champions for a few years now, originally just to cut down on the amount of sites you otherwise have to check to get the best rates. We have taken the advice offered and gone to places we normally would not have been brave enough to invest in and have benefited by this. Our recent question regarding what to do with new pension income was helpful and reassuring - sometimes that's all you want isn't it, for someone who knows more about this business than the ordinary man on the street to say " yes that's okay". We don't expect miracles - we'd be suspicious of them anyway!
What about Peer-to-Peer savings?
I receive Saving Champion's regular informative interest rate info. However, all the rates are so paltry that I'm better off keeping my 'emergency' money in a number of current accounts (Tesco pay 3%; Nationwide pay 5% for the first year & 5% regular saver). I then use seven Peer-to-Peer accounts (offering between 4 and 11%) for the rest. OK, so you're not protected by the Government's £80,000 cover in P2P - but neither are you if you invest in funds or stocks & shares. I've had a few defaults (some covered by provision funds) but overall, the interest I've received far outweighs the losses and far exceeds anything Savings Champion offers. Peer-to-Peer investing would appear to be a 'dirty word' at Savings Champion. I did email them some time ago suggesting that they covered this type of saving for their readers benefit, but nothing has transpired. If there are any readers of this review who and new to P2P & would like to find out more about it, look up Peer2Peer Finance News.
Best all round cash savings information
I have used Savings Champion for many years. I find the weekly update on the savings market very informative and a useful way of keeping up to date with a full range of saving options. It encourages me to take action in order to maximise the best rates at this low interest time. It's also good to hear about new institutions entering the market place. I trust their information. Highly recommended.
My limited experience of Savings Champion
The only experience of Savings Champion that I have had is when I had a problem. I did not know what to do, and sought the advice of this company. Also, I asked whether they could give me some information about a non-related matter. They went out of their way to answer my question, pointing me to information that I did not know was available on the Web (they sent me a link, after themselves enquiring). As a result, my worries are over and I am now much better-informed. Thanks, Savings Champion!
i have needed to call SC on several…
i have needed to call SC on several occasions The phone is answered immediately and help and advice freely given Emails have always been answered Service is first rate and better than the Institutes where I have actually invested