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Egg Savings rate reduced to 5.00%
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AndyC111
Posts: 42 Forumite
Looks like Egg don't match the base rate anymore as just received an email to say that they are reducing there interest rate from 5.50% to 5.00% from 11th Feb.
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You just beat me to it :-)
I thought it was some kind of tracker account though (I can't find the old terms) .0 -
I think (if my memory is correct) they said they would at least match the base rate until Dec 2007.0
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Quite frankly that's an awful savings rate and people should be flooding out of Egg for that...I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
I feel a letter of complaint coming on as I have an Egg savings account.
One way and another this institution is doing a jolly fine job of upsetting its customers.0 -
Don't complain, take your money elsewhere. That'll hit them a lot harder.I feel a letter of complaint coming on as I have an Egg savings account.
One way and another this institution is doing a jolly fine job of upsetting its customers.I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
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YorkshireBoy wrote: »Why would people be there in the first place, when so many better paying accounts exist?
:T I was thinking same thing.
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Tried to call Egg today as my internet was down to close my accounts---spent over an hour trying to get through with no luck. Got home and just closed accounts--apparently many people are "scrambling" to get away from Egg.
Well done Egg that's 6 savings accounts and 4 credit cards closed today--and thats just from my family--2 more cards will close when we have our cash back paid.
I bet the workers are wishing that RBS had taken them over and not their American owners! Cashpricezac-Yorkshire:j0 -
cashprincezac wrote: »Tried to call Egg today as my internet was down to close my accounts---spent over an hour trying to get through with no luck. Got home and just closed accounts--apparently many people are "scrambling" to get away from Egg.
Well done Egg that's 6 savings accounts and 4 credit cards closed today--and thats just from my family--2 more cards will close when we have our cash back paid.
I bet the workers are wishing that RBS had taken them over and not their American owners!
On Saturday i received a mailout from EGG offering 16 months 0% interest on balance transfers, no use to me as i clear my CC balance every month.
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Citibank gotta cover that $9.8 billion fourth quarter loss somehow.Hope for the best.....Plan for the worst!
"Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown0
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