CARDIFF, Wales, June 14, 2011 /PRNewswire/ --

Confused.com has announced the launch of its new online savings site to help savers compare interest rates, find the most competitive ISAs and understand some of the jargon often found in financial documents.

Confused.com have also launched a new redesign of the savings section of the site to help users navigate the page easily and quickly find the best deal on their savings accounts.

With the brands such as Nationwide, Santander and ING on board, Confused.com's savings offering is free and independent. Savers can quickly and easily compare different types of savings accounts, from simple instant access accounts to tax free ISAs and fixed rate bonds. This service compliments the existing loans, mortgages and financial services products already compared by Confused.com, which compare deals from the major high street and online financial service providers.

Chris Griffiths, head of savings at Confused.com said: "With interest rates being low and inflation high, it's important to check that your savings are in a competitive account otherwise you could be missing out on improving your interest earnings. We aim to give savers more information about the different accounts available, as well as information on each specific account and its provider - ultimately to allow our customers to quickly and easily compare a variety of savings products to find the best one for their needs."

Confused.com has provided information for customers about savings and how to switch their accounts on its savings account page on the website.

About Confused.com:

Confused.com is one of the UK's biggest and most popular savings account comparison services. Specialist accounts catered for include instant access accounts, fixed rate bonds and tax free ISAs. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.  

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators. Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

Media information:
Helen Beckett
Confused.com press office    
Friary House
Greyfriars Road
Cardiff
CF10 3AE
+44(0)2920-434-342
http://www.confused.com

SOURCE Confused.com