MT Digest - Halifax is axing its savers prize draw
What to read right now…
Women are missing out on free money because they’re not opting into work salary sacrifice schemes.
You can actually use salary sacrifice to boost your take-home pay, although of course not all employers offer the scheme.
On a different note, Halifax is axing its savers prize draw from September.
Fortunately there are plenty of other options if you’re looking for a savings account with a prize draw element.
And finally, here’s a fabulously detailed guide to digging out potential issues before you buy a home.
The deal that’s a steal…
It is scorching. And if you’re craving ice cream all day long, why not make your own?
It’s healthier, potentially cheaper and can be surprisingly quick to do.
At the moment the ProCook ice cream maker* is part of the brand’s 20% off sale, which means instead of paying £49 you’ll pay just £39.20.
It promises to make ice creams and sorbets in just 45 minutes, although you do need to freeze the ice cream bowl overnight.
These are, by the way, the most affordable types of ice cream makers - the ones that don’t need freezing the ice cream bowl first will cost many times the price.
If you only do one thing…
It’s summer holiday season, which almost inevitably raises the possibility of flight delays and cancellations.
Before you head off somewhere fabulous, make sure you know your rights if and when that happens.
You might be able to get compensation when your flight is delayed, for example. There are also similar rules if your flight gets cancelled.
And of course it pays dividends to read the small print on your travel insurance policy.
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Best buys
Below are some of the free financial products I recommend. For the full list, see Money Talk best buys.
Current account:
Nationwide Flex Account 5% AER (first 12 months up to £1,500; for new customers only) - read my Nationwide review here
See also:
Instant access savings account:
Chip Easy Access Saver* 4.77% AER (penalty for more than three withdrawals)
Marcus Online Savings Account 4.01% AER
Regular savings account:
First Direct Regular Saver 7% AER (pay in up to £300 a month)
Natwest Digital Regular Saver 6.17% AER (pay in up to £150 a month, with higher rate paid up to £5,000)
RBS Digital Regular Saver 6.17% AER (pay in up to £150 a month, with higher rate paid up to £8,000)
See also: