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Savingschampion.co.uk Releases New Free Rate Tracker Tool to Revolutionise the Way You Save

Today marks the launch of the new and improved Free Rate Tracker Tool that monitors the movements on all UK based savings accounts and proactively informs savers of changes to their account.

 
PRLog - Dec. 7, 2012 - UNITED KINGDOM, U.K. -- Savingschampion.co.uk deals only in savings, for savers, offering online and telephone based assistance on all types of UK deposit based savings accounts.

Savingschampion.co.uk recognises that savers may need a helping hand as the combined average interest rate paid from both live and closed easy access accounts is just 0.94%.  

That’s where savingschampion.co.uk comes in.  Run by Anna Bowes and Susan Hannums, with a combined 38 years’ experience in the financial services industry, savingschampion.co.uk offers totally independent, unbiased savings guidance along with its Free Rate Tracker Tool (http://www.savingschampion.co.uk/rate-tracker/1-minute-rate-check/).  Rate Tracker monitors the movements on all UK based savings accounts and proactively informs savers of changes to their account.

Anna Bowes, Director of savingschampion.co.uk “It’s important for everyone to try to keep at least some money in cash, however, this current low interest rate environment is affecting millions of savers.  And savings providers don’t always make it easy for them.  Our Rate Tracker service will give savers the knowledge and therefore the power to help them make the most of their money”

Free Rate Tracker Tool (http://www.savingschampion.co.uk/rate-tracker/1-minute-ra...)

Our one minute rate check provides the opportunity to give your savings account an MOT – tell us the name of your provider, your account name and we’ll let you know what the current interest rate is, and whether something better is available.  

Once we’ve provided the comparison between the interest rate currently earned along with a suggested alternative best buy savings account, we can then track the savings account – with our free Rate Tracker service, which monitors all interest rate changes and keeps you abreast of better rates in the market.

And things just got better.  We’re very pleased to announce that savers can now both edit their balance and see the correct interest rate displayed for each of their variable accounts. This is true, even if changing the balance moves them onto a different interest rate tier.

Around 30% of our newsletter readers currently use our free Rate Tracker service to help them make their savings work harder for them.  

Philip from Lancashire sums up why: "Thank you for the reminder about my ISA maturing date. I find your service excellent; it saves me hours searching the Internet for better rates.  They are a joke at the moment, every time I turn my computer on another bank or building society has dropped its rates."

It helps them to keep track of their different savings accounts and to avoid getting caught out when their bonus ends. If you’re one of our Rate Tracker users, you will have seen the service improve over the last year to include such features as:

·         Displaying the current rate for bonus accounts, on the results page, and warning when the rate will drop and what the rate will drop to.

·         Sorting and totalling the accounts in your portfolio, split between variable rate and fixed rate accounts.

Other enhancements planned for the near future include extending the best buy tables to allow for a wider variety of fixed rate products and to add other types of accounts, such as non-internet easy access accounts.  

Susan Hannums, Director of savingschampion.co.uk “The message is clear, with interest rates at an all-time low savers really are the victims of the downturn.  Especially those needing to draw an income from their savings pot.  We set up savingschampion.co.uk to help support not only those looking for a better return, year in year out, but also for those who are baffled by the abundance of savings products available to them.  At savingschampion.co.uk customers can also speak to a human being for guidance on a product that may suit their savings needs”

Telephone Guidance

If customers are confused, they can ring us.  We offer telephone based assistance on savings, with help on what account might be suitable for their savings needs and giving the most up to date information on the rates available.  

Telephone based assistance is available Monday to Friday and even Saturdays on 0800 321 3581.

Anna Bowes continues “At savingschampion.co.uk we are passionate about savings and want to provide a no nonsense, straightforward website that can help everyone pick a savings account that’s right for their needs”

ENDS

About SavingsChampion.co.uk:

Serving savers in three simple ways:

1 - Best Buy Tables (http://www.savingschampion.co.uk/best-buys/tables/ ) - Completely unbiased. Truly independent.

2 - Rate Tracker (http://www.savingschampion.co.uk/rate-tracker/1-minute-rate-check/) - http://www.savingschampion.co.uk/rate-tracker/1-minute-rate-check/ - Market leading free service. Take the one minute rate check.

3 - Rate Tracker Concierge (http://www.savingschampion.co.uk/rate-concierge/) - Finding the best rates, reducing risk and minimising hassle.

SavingsChampion.co.uk is dedicated to savers and savings accounts with the aim of producing a straight talking and simple to use site that is totally independent, completely unbiased and whole of the market.

SavingsChampion.co.uk monitors the whole UK savings market of over 4,000 savings accounts and 9,000 savings interest rates daily and via the unique free Rate Tracker service monitors movements in all registered users’ savings accounts.

SavingsChampion.co.uk is available for expert comment on a range of savings queries so please feel free to call. SavingsChampion.co.uk is happy to help where possible and holds a variety of statistics on all types of savings accounts so can run reports on request. If you publish content about savings accounts and would like to be included on the immediate list for press releases please email info@savingschampion.co.uk

SavingsChampion.co.uk provides a free Rate Alert service, which helps savers to keep up with the release of new savings products and interest rate changes as they happen in the whole market.

SavingsChampion.co.uk provides a fully managed savings portfolio service, Rate Tracker Concierge for a small fee for savers with £100,000+

For more information:

Anna Bowes:
0800 3213581 / 07887 481149 anna@savingschampion.co.uk

Susan Hannums:
0800 3213581 / 07887 998 984 susan@savingschampion.co.uk

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Source:Savingschampion
Phone:08003213581
Zip:BA2 4BA
City/Town:United Kingdom - UK Mainland - United Kingdom
Industry:Banking, Finance
Tags:savings account, interest rate, easy access, notice account, Free
Shortcut:prlog.org/12038855
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