Tag: M&S Money

M&S confirms in-store bank rumours

M&S confirms in-store bank rumours

Marks and Spencer has confirmed rumours that it is launching a new high street bank in partnership with HSBC. The retailer announced today that it will open 50 in-store bank branches as an extension of its existing M&S Money joint venture with HSBC. M&S bank will offer current accounts, mortgages, and other financial products and […]

June 8, 2012 More
Marks & Spencer bank rumours growing

Marks & Spencer bank rumours growing

Rumours are growing that Marks & Spencer is planning to open its own chain of bank branches within its stores. The branches would be likely to keep the same opening hours as the stores, offering banking services at the weekend. The first branch is expected to open next month, at the retailer’s Marble Arch store […]

June 7, 2012 More
M&S Money launches 3% cash ISA

M&S Money launches 3% cash ISA

M&S Money has launched an Advantage Cash ISA paying 3 per cent, and which allows transfers in from other ISAs. It can be opened with a minimum deposit of £100 lump sum followed by minimum monthly deposits of £25. The 3% rate is variable, but there is no short-term bonus so the return won’t plummet […]

February 10, 2012 More
Bike thieves target students

Bike thieves target students

More than one in five students has had their bike stolen, according to new research by M&S Money. The poll by the home insurance provider found 22% of student cyclists have been targeted by bike thieves. Students should register their bike model, make and frame number so it can be identified if stolen, M&S Money […]

August 26, 2009 More
M&S gives 10% cashback on personal loans

M&S gives 10% cashback on personal loans

M&S Money is offering 10% cashback to new customers taking out a personal loan. Borrowers will be given a 10% refund on the interest they’ve paid once their final repayment has been made. The offer is available until 11 August, and applies to loans paid back over a period of at least 36 months. Customers […]

June 23, 2009 More
Two thirds of households forget garden insurance

Two thirds of households forget garden insurance

Up to two thirds of householders in the UK may have no insurance for their garden plants, despite the fact that the average household has spent over £700 on garden greenery. Research by M&S Money found that just one in three householders remember to ask whether their garden is insured when taking out a contents […]

April 2, 2009 More
Weak pound makes for picky holidaymakers

Weak pound makes for picky holidaymakers

British holidaymakers are becoming more picky when choosing a destination for their break to make sure they are getting the most for their money. Research by M&S Money found that more than a third (36%) of British tourists look at currency exchange rates before making a choice on their holiday destination. As such, the falling […]

M&S Money holds ISA rate

M&S Money holds ISA rate

M&S Money will not reduce the interest rate on one of its individual savings accounts (ISAs) despite last week’s Bank of England’s base rate cut. The financial services wing of Marks & Spencer said interest on its Advantage Cash ISA will continue to be paid at 3.1%. This rate includes a 1% bonus until April […]

February 10, 2009 More
M&S Money cuts ISA interest rate

M&S Money cuts ISA interest rate

M&S Money has reduced the interest rate on its variable Cash ISA following the Bank of England’s 0.5% base rate cut. Cash ISA account holders will now be paid 2% interest, down from 2.5%. In December, M&S Money reduced the variable cash ISA rate by only 0.5% rather than matching the Bank of England’s 1.0% […]

January 14, 2009 More
Brits putting travel insurance at risk by booking own holidays

Brits putting travel insurance at risk by booking own holidays

According to Marks & Spencer (M&S) Money, a growing number of Britons are putting their travel insurance at risk by booking different parts of their holiday separately. Research from M&S Money discovered that an increase in the usage of the internet has meant that half of British holidaymakers book their travels independently rather than using […]

May 16, 2008 More