savings-accounts
3 stories related to this topic, newest first.
theweek.comNS&I to Contact Families Owed £367 Million in Bereavement Claims
National Savings and Investments will begin contacting thousands of families next week to repay £367 million in withheld savings. The state-backed bank revised its earlier estimate and said payments will be adjusted for interest or the Bank of England base rate plus one percent.
Substrate placeholder — needs reviewHMRC Launches Campaign to Reconnect 21-Year-Olds with Unclaimed Child Trust Funds
HM Revenue and Customs has initiated a direct mailing effort to inform 21-year-olds about unclaimed Child Trust Funds holding roughly £1.5 billion. The accounts, established for children born between 2002 and 2011, average £2,200 in value. Economic Secretary Lucy Rigby emphasized…
pymnts.comJudge Approves $425 Million Capital One Settlement Over Savings Account Interest Rate Claims
A judge has approved a $425 million settlement in a lawsuit against Capital One over allegations of lower interest rates on older savings accounts. Eligible customers who held 360 Savings accounts between September 2019 and June 2025 will receive payments without filing claims. P…