Welcome Nationwide

We're pleased to announce our latest partnership over at cardtart - we now partner with Nationwide.co.uk and we can now keep you up-to-date with their current mortgage products offers. Nationwide are the biggest building society in the world and within the UK they are currently the largest online mortgage lender.

We'll keep you posted as and when we partner with other mortgage providers.

Lloyds TSB Save The Change Scheme

Lloyds TSB is now offering a new type of save-as-you-spend savings scheme with a twist.

Registered customers of the Save the Change scheme will see their debit card transaction amounts rounded up to the nearest pound. The money is taken from the debit card account and the rounded up amount - the change - is automatically transferred into a Lloyds TSB savings account.

So, buy a couple of bottles of wine for a total of £9.60. Your debit card account is actually debited for £10 and 40p is then transferred to your specified savings account.

Now, I'm not sure if the "change" is transferred to your savings account immediately or whether a single transaction is made for all the accumulated change once a month. From what I can tell it's an immediate transfer.

This product might suit some people though it's not for me. The main reason being is that I pay for literally as much as I can on credit card to maximise the benefit of my offset account. Additionally there are several instant access savings accounts offering decent rates. Perhaps relunctant savers who spend on their debit cards might find the offering more interesting?