From insurance to mortgages, how the Mail’s money website will save you a fortune

When it comes to saving money, we often think of cutting back on our regular expenses and turning down the heat, but it’s important not to overlook the major financial accounts we use and rely on.

From mortgages to bank accounts, savings contracts, investment accounts and insurance, it’s possible not only to save money, but also to get your personal finances in order and to make sure everything is working as hard as possible for you.

ThisisMoney.co.uk is the sister financial website of The Mail on Sunday and Daily Mail and has been dedicated to helping readers save and earn money since its inception in 1999.

We’ve taken readers through the dotcom bust, the 2007 financial crisis, the Covid pandemic and now the cost of living crisis.

ThisisMoney.co.uk is the partner financial website of The Mail on Sunday and Daily Mail and has been dedicated to helping readers save and earn money since its inception in 1999.

Every day, This is Money brings readers the latest financial news as it happens – and, just as importantly, explains what it means to them. But the site isn’t just about the latest news: it’s also about giving readers the tips and tools they need to manage their finances successfully.

We’ve built a library of guides reviewing the best deals and work with a careful selection of partners who can help you find the financial products that are right for you.

Here are eight ways This is Money can help you save and earn money.

1 Switch to a higher savings rate

The big banks and building societies have a bad habit of paying savers floor rates – sometimes as low as 0.1%.

The good news is that you can get a much higher rate on your savings by looking for a better account. For example, Cynergy Bank’s best easy access rate pays 1.32%. Unfortunately, you won’t beat inflation at 9%, but getting the best interest rate possible at least limits its damaging effect on your wealth.

This is Money’s independent savings charts are updated daily and feature all the best deals, from easy access to fixed rates.

Find them at thisismoney.co.uk/save.

The big banks and building societies have a bad habit of paying savers floor rates, sometimes as low as 0.1%.  Cynergy Bank's Best Easy Access Rate Pays 1.32%

Big banks and building societies have a bad habit of paying savers floor rates – sometimes as low as 0.1%. Cynergy Bank’s Best Easy Access Rate Pays 1.32%

2 Find the right mortgage

A mortgage is often our biggest monthly bill and it’s important to make sure you’re paying the cheapest rate possible and have the right home loan for you.

The Bank of England has raised the base rate four times since December, from 0.1% to 1%, but most borrowers have fixed rates and are therefore not immediately affected. But if you’re coming to the end of a fixed deal, it’s worth looking around now, as it’s possible to lock in a new mortgage up to six months in advance.

Our mortgage calculator can compare rates based on the value of your home and the size of your mortgage.

Check your results on thisismoney.co.uk/mortgage-finder.

3 Get a better deal on your bills

The crisis in the energy market not only means that prices are skyrocketing, but that it is practically impossible to switch and save on gas and electricity.

However, it is still possible to save money on some of your other bills.

One part of our household finances that we rarely change, but can often find a better deal on, is broadband, TV, and phone plans.

Our tool to thisismoney.co.uk/broadband allows you to compare prices.

Insurers have been ordered by the Financial Conduct Authority watchdog to stop charging repeat customers more than new customers at renewal time. Nevertheless, it is always worth checking whether you can save.

Check out our ten tips for saving on car insurance at thisismoney.co.uk/car-insurance.

4 Change bank account

Another financial product that we tend to use for years is our bank account. Yet switching your checking account can not only get you one better suited to your needs, but also bring you juicy benefits, such as higher interest rates on linked savings accounts and cash bonuses for spending money. ‘registration.

Read our regularly updated selection of the best current accounts at thisismoney.co.uk/current.

5 Use a leading investment platform

Earning money is as important to our readers as saving money and many have DIY investment accounts, stock and equity ISAs and self-invested personal pensions. Choosing the right investment platform is essential and it may depend on how often you invest, if you want a helping hand and if you own stocks, funds, investment trusts or a combination. The cheapest is not always the best, but you can save substantial sums by moving the DIY investment platform.

Read our reviews and comparisons at thisismoney.co.uk/platforms.

6 Get a credit card that’s right for you

Credit cards remain a popular feature in our wallets, but the best deal depends on how you use yours. If you’re paying off debt, a long, interest-free balance transfer agreement is important, while other cards are better for spending, and there are a few better deals for perks, like collecting airline points.

Read our selection of credit cards on offer at thisismoney.co.uk/best-cards.

Credit cards remain a popular feature in our wallets, but the best deal depends on how you use yours

Credit cards remain a popular feature in our wallets, but the best deal depends on how you use yours

7 A podcast to keep you up to date

Each week, the This is Money podcast discusses the stories you need to know. On this one, I’m joined by Georgie Frost and another member of the This is Money team to talk about what’s happening in the financial world and what it means for you.

It has over 130,000 plays per month and you can find it wherever you choose to listen to podcasts, including Apple Podcasts and Spotify, or thisismoney.co.uk/podcast.

8 tips and tools to save money

Our Save Money, Earn Money section is regularly updated with the latest tips and guides to saving money, including those from The Mail on Sunday’s Wealth and Personal Finance team of journalists.

It also has links to This is Money’s tools to help you compare prices and our reviews of the best deals.

You can find it at thisismoney.co.uk/savemoney.

Some links in this article may be affiliate links. If you click on it, we may earn a small commission. This helps us fund This Is Money and keep it free to use. We do not write articles to promote products. We do not allow any business relationship to affect our editorial independence.

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