Savings Champion Reviews 40

I always use this site since i discovered it.
I have also recommended it to so many people including my financial advisor to tell other clients.
It has helped me move money from dire interest accounts to some really great ones. Keep up the great work

I have always been a keen user of Savings Champion services, but this time they have let me down "big time".

My wife has followed the best buy tables for years and decided to take out an account with the bank (name withheld) paying the highest rate. She did not expect to have to jump through endless hoops to use the account in real life.

It does make me question how a bank with ludicrous requirements for using the account gets "top billing" by Savings Champion.

Perhaps a more thorough check should have been carried out by SC as I would believe 80% of the customers who use the "Best Buy" tables would not have a clue how to use this account and resent the day they made the application.

It should be mentioned that this useful site, unlike similar comparison sites, appears not to be updated at weekends and Bank Holidays (about 30% of the year), at a time when many offers open and are quickly withdrawn. On the weekend of 23/24 April 2022, the Kent Reliance 1 year 2.05% bond was widely listed on other comparison sites, but were absent from the Savings Champion listings, which remained exactly how they appeared on Friday afternoon, until 9.30am on Monday.

Used Savings Champion for years, they are always on the ball with their advice and best savings rates. Better than all the rest.

Expert unbiased advice, in easy to understand language.

I cannot believe a "savings champion" site is now recommending investing in equities or bonds for novices, I think perhaps you should rename to "bait for the city sharks". Yes savings are losing money, historically they always do, but at least you know the loss rate, unlike investments, (which should be label ed gambling for suckers), if your really concerned go and buy 1oz gold bullion coins, Britannias are VAT and capital gains tax free, and over time usually keep pace with inflation, keep them safe, (bury them, it worked for pirates), and tell no one, sit back relax.

I normally find the newsletter interesting and informative, not to mention useful.
However I was less than impressed with the 'flag-waving' in support of a Lasting Power of Attorney. The article was no more than an advert in disguise for a legal service company.
Everything was painted as a wonderful document which gives peace of mind and allows you to retain control.
This is absolute rubbish - you are handing over COMPLETE control of every aspect of your life. I accept in most cases the Power can only bring benefits - but not in every case. There are unscrupulous people and a Power in the wrong hands is a jackpot. The article contained no warnings - for example the holder can change your will at the stroke of a pen - in their favour. They have carte-blanche with your finances. I have even seem elderly people crying out for residential care being denied it in favour of a cheaper home care option - just to protect the inheritance. By all means promote what is a useful tool but point out the potential pitfalls. I am speaking from 40 years in financial services and trust me - the love of money is overwhelming for some. Ability to complain - never saw it work yet. Literally there are no controls or redress.

I’m a consistent user of Savings Champions and about to use The Private Office.
However I was disappointed by their recent mailer on LPA and guidance to pay for a service.
The .gov site applying for a LPA is as clear and easy to fill in as it gets. You will be submitting the same simple required information to the paid for service as is required by .gov. You will be paying the same fee for registration in both cases. The paid for service will just be forwarding on the information you provide and could have filled in on line.
It somehow makes me question the independence of S C and is making me a little apprehensive about The Private Office now.
I don’t understand why they felt the need to confuse the ease of application

Great newsletter, full of useful information to help you make financial decisions.

Find this useful and Free.

As with most things don't rely solely on this.

Consider at least Two other sources.

Common sense really.

This began as a really helpful site - a great place to make quick checks on your accounts and interest rates as well as finding more competitive rates. I've spotted an error every now and again and pointed it out by an email but never once have Savings Champion responded or even corrected their error. The site shows a lot out outdated rates now and you could be left thinking everything is good when it's most certainly not, or that a move to a different account will yield a better return when actually it doesn't. Maybe it's just Covid-related but they seem to have lost their way.

Very useful advice for me as a retired nurse with savings that earn little interest.

Very unimpressed. Weekly newsletter always way out of date. Articles are like telling granny how to suck eggs. Best Buy tables always out of date. Variable rate savings table for easy access accounts always included accounts with just in of two withdrawals a year. Asked if they could have a true instant access account table and reply was an emphatic NO

for the first webinar i have ever done, it was extremely informative.
From the first acceptance via email to logging into the site via the link, was easy, straightforward and user friendly.
the only thing i did not know about was the chat box on the right until i noticed it at the end. just a minor issue on my part but overall, useful, entertaining and the presenter were, from what i heard, knowledgeable in there fields so happy with the content.
if you wish to glean information on financial aspects of life, this is the one to use.

I hadn’t thought about moving my savings until NS&I had decided to dramatically reduce their interest rates, which prompted me to carry out a review. I’m really glad I did now and I guess it would have been beneficial to do this a while ago, but comfort and security in NS&I created a feeling of do nothing.
I had seen Savings Champion pop up a few times during my searches and in newspapers, so I decided to contact them to find out what it was all about. From the very first, and prompt, phone call to them I was treated well, felt no pressure and was surprised to receive some advice there and then after sharing what I believed were my needs. Daniel Darragh at Savings Champion was absolutely superb from the first call, to assessing my needs and helping me think through options available, to carrying out the detailed research (along with the team!) through to assisting with the applications in some detail and right up until the point of confirmation from various banking institutions; and even then is available to me for advice and assistance. The fee I paid for the service will be paid back many times with the additional interest paid.
Daniel is my rock star and I have no hesitation in recommending Savings Champion and I will certainly be using them again in the future.
Thanks Daniel and the team at Savings Champion!

savings champion was best thing I have done. they have always kept me up to date
with latest interest rates by email. and you know your money is safe up £ 85000.00
can recommend them to everyone.i think people would be a fool not to use them

The claim that building societies perform better than banks is quite misleading. Best buy tables show quite clearly the opposite.

This claim does not reflect well on Savings Champion.

Savings Champion provide a great service. Much is written about investing but there is little out there for people who want to save. We all want to make the most of our savings so good, honest, helpful advice is most welcome.

They are always informative, up to date and it is very easy to access and understand. The website is easy to navigate and you can ring them directly should you need to.
When time is short it saves you hours in searching the internet.
Many thanks Savings Champion.
Russell and Yvonne

Subscribing to Savings Champion is very valuable to savers in that it allows a regular overview of savings providers, changes to interest rates and in highlighting new products.
The only whinge I have is that my occasional attempts to submit a question via its Webform hardly ever results in a reply. I've stopped bothering now. With this exception, I value Savings Champion's information and would recommend it.