Guy Anker

Director of Content at Compare the Market

As Director of Content, Guy leads an editorial team in creating content that empowers you to make informed financial decisions. From explaining the types of credit cards that could be available to you, how to find a good broadband deal or helping you understand how to manage debt, Guy is an expert on all things personal finance and he wants to help the UK make the most of their hard-earned money.

Managing Director, Wealth, at Future

Guy led a number of personal finance websites such as MoneyWeek and The Money Edit in the UK and Kiplinger in the US. He also led the UK’s ‘Look After My Bills’ newsletter. He and his team specialised in how to make the most of your savings and get the best deals on the market on both sides of the Atlantic.

Deputy Editor & Head of Operations at Money Saving Expert

During his 13 years at Money Saving Expert, Guy held multiple senior editorial roles before becoming Deputy Editor and Head of Operations. He spearheaded the site’s newsletter which went to millions of people, and its multiple money-saving guides. He also launched its news service, its video production unit and its PR operation.

Assistant Producer at Money Saving Productions

As a senior member of the production team of Martin Lewis’ ‘It Pays to Watch!’ TV series, Guy helped provide viewers with money-saving and money-making tips. This included consumer finance challenges, viewer case studies and celebrity interviews, as well as coverage of the latest financial news.

Reporter at Daily Mail

At the Daily Mail, Guy was a finance journalist for the Money Mail personal finance section. He provided coverage on a wide range of financial stories and provided their readers with money saving tips.

This is Money: I've almost maxed out my Help to Buy Isa, should I switch it to a Lisa?

“While you can transfer your savings from a Help to Buy Isa to a Lisa without charge, any funds that you move will be subject to your Lisa's annual deposit limit, which is currently £4,000.

If you wish to transfer more than £4,000 from a Help to Buy Isa to a Lisa, then you will need to space out the payments over several years to stay within the annual payment limit. This could mean that you have to wait some time before using your Lisa to purchase your first home, which may not be suitable for someone hoping to move forward with their purchase quickly.

Additionally, it's important to be aware that Lisas have charges if you withdraw from it before you turn 60 without using it to buy a first home.”

inews: More than half of people feel poorer now than they did five years ago, finds study

“Guy Anker, director at Compare the Market, said: “There’s no doubt that the cost of living over the last few years has been incredibly tough for so many households around the UK, with over half feeling poorer today than they did five years ago.

While it is recognised that events beyond any government’s control have significantly added to the difficulty in supporting households financially, it is nonetheless clear from our research that people want to see the new Government actively do more to make them feel better off.”

The Money Pages: The hidden wedding costs you should factor into your budget

“It’s important to set out an overall budget and break it down into categories to see whether there’s anything you might be able to save on.

For couples who wish to then bridge the gap with some expenses and decide to take out a credit card, shopping around is a great way to see what deals are available and right for your specific circumstances.

If you need to borrow, many credit cards offer a promotional set period of 0%, which could help you spread the cost without paying any interest. Once the introductory offer ends, you’ll start to be charged interest on any outstanding balance.

It’s important to remember not to over-commit yourself and to make the minimum payments during the 0% interest-free period with an aim to have it fully paid off before the offer ends, otherwise there is a risk of longer-term debt.”

MoneyWeek: Cash ISAs vs savings: why ISAs are leading the way

October 2023

“As I write this, the top-paying easy-access cash ISA pays 5.08% compared to the top-paying standard easy-access account that pays 5.25%, which is hardly much of a difference. For every £1,000 you have, you’d get £1.70 more in interest a year on the standard account (before tax) which in my view is hardly anything for the peace of mind of your interest being tax-free for life in a cash ISA.

Do note that easy-access accounts, where you can withdraw money pretty much whenever you want, typically come with variable rates which means the returns can go up or down.”

Kiplinger: Savings Rates of 5%+: It’s Time to Switch

March 2024

“Many people scoff at the idea of seeking out the best savings accounts, as we have gotten used to them paying miserly returns. Millions of people across the globe leave their emergency funds or spare money in current accounts paying no interest or in old savings accounts that pay close to nothing. However, I want to fly the flag for the growing army of switchers in so many countries who are now seeking out the best rates, as right now it can make a big difference.

While I cannot tell you whether to save or invest, as that’s a personal choice based on a number of factors, what I will say is that if you are a cautious investor, then I would certainly be considering guaranteed returns of about or over 5%, which you can find on the best CDs, best high yield savings accounts or best money market accounts.”