Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
PPI charges: Brits 'not checking their savings rates'

A large proportion of Brits check their savings rates once a year or less, which may come of interest to consumers who have experienced PPI charges.

Recent research by Moneysupermarket.com showed that 40 per cent of Brits check their savings rates once a year or less, while nine per cent admit to never checking their savings rates.

Kevin Mountford, head of banking at the price comparison website, said: "Keeping an eye on how much interest savings are generating is extremely important.

"The UK public are being hit by high inflation and a record low base rate, so ensuring they are doing everything to limit the effects of the squeeze on their savings pots is crucial, and bonus rates are a perfect way to do this."

He added that being proactive and regularly checking rates will be beneficial in the long term.

According to the findings, not checking rates could lead consumers to miss out on more than £100 per year in interest.

Amir Hussain

Amir specialises in personal loans, consumer debt and debt management.
 ADNFCR-2776-ID-800562083-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide