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News Tag: M&S Money

June 8, 2012

M&S confirms in-store bank rumours

by Jan Harris
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 each branch will keep the same opening hours as ...




June 7, 2012

Marks & Spencer bank rumours growing

by Jan Harris
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 in London, according to Retail Week ...




February 10, 2012

M&S Money launches 3% cash ISA

by Jan Harris
M&S 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 after a few months and savers will ...




August 26, 2009

Bike thieves target students

by David Masters
”Bike
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 said. The insurer advised students to always lock their bikes with ...




June 23, 2009

M&S gives 10% cashback on personal loans

by David Masters
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 who repay the loan early will not receive ...




April 2, 2009

Two thirds of households forget garden insurance

by David Masters
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 insurance policy. The poll also found that ...




Weak pound makes for picky holidaymakers

by David Masters
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 value of the pound against the euro has ...




February 10, 2009

M&S Money holds ISA rate

by David Masters
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 21, 2010. According to M&S Money, this is ...




January 14, 2009

M&S Money cuts ISA interest rate

by David Masters
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% base rate cut. The bank, which is the financial ...




May 16, 2008

Brits putting travel insurance at risk by booking own holidays

by Kay Mitchell
”Brits
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 a travel agent. ...