At a time when interest rates are at an all-time low, savers are looking for ways to maximise their returns on their savings.
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London, UK (PRWEB UK) 18 October 2011
When looking for the best savings bonds, Isas or another type of savings account, the We Know Money team at savings.co.uk have the answers. The site provides savers with a range of helpful articles, hints and tips as well as the opportunity to compare the leading savings products on the market.
Savings.co.uk explains the differences in the various types of savings accounts available and provides helpful guides on the latest information from the savings market. At a time when interest rates are at an all-time low, savers are looking for ways to maximise their returns on their savings.
Alidad Moghaddam, Head of We Know Money said: "We understand how hard it is for savers at the moment, with high inflation making it almost impossible to make a real return on savings. There is an understandable nervousness about taking risks when there is uncertainty in the markets and Bank of England Base Rate remains at a record low. At savings.co.uk we take a balanced view pointing out what people should look out for, as well as any traps they need to avoid."
Liz Phillips, Editor of We Know Money said: "Unlike other sites we point out which savings accounts have cut their interest rates, as well as which ones are bringing out the best savings accounts. The worst thing you can do at a time like this is bury your head in the sand. Instead you need to be on the ball and move your money to the highest paying savings accounts, as these top payers don't always stay around for long."
Savings.co.uk is part of a family of personal finance websites under the We Know Money brand. Apart from the new look savings site; the team have recently relaunched creditcards.co.uk and homeinsurance.co.uk.
Seven other consumer money websites that will soon be relaunched under the We Know Money brand are mortgages.co.uk, lifeinsurance.co.uk, healthinsurance.co.uk, carfinance.co.uk, investments.co.uk, pensions.co.uk, and financialservices.co.uk.
About We Know Money
We Know Money is the brand name of Financial Services Net which was bought by Moneysupermarket.com in the Autumn of 2010.
We Know Money is a portfolio of websites focused on a wide range of personal finance subjects. Our main websites cover mortgages, savings, credit cards, life insurance, home insurance, health insurance, investments, pensions, financial services and car finance.
At We Know Money we realise that in today's world consumers are faced with a bewildering range of products. Our websites are designed to provide people with comprehensive information, guides and tools to arm them with the knowledge to choose the correct products.
We Know Money Social Media websites:
Facebook - http://www.facebook.com/weknowmoney
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