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MSE News: Banks cut fixed savings rates

This is the discussion thread for the following MSE News Story:

"Providers are cutting their savings rates as they focus on attracting new mortgage customers instead, it is claimed ..."
Read the full story:

Banks cut fixed savings rates

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Comments

  • vaporate
    vaporate Posts: 1,955 Forumite
    Digging themselves a hole.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • juicyjude
    juicyjude Posts: 670 Forumite
    Its a joke!!!! Savers have such a raw deal, they still want our money but are not prepared to give anything back. :mad:
  • fairtrade
    fairtrade Posts: 476 Forumite
    One of the Building Socities I use is offering a £100 'reward' if you get someone to sign up for a mortgage.
    For myself I am an optimist - there does not seem to be much use being anything else.
    Sir Winston Churchill
  • vaporate
    vaporate Posts: 1,955 Forumite
    juicyjude wrote: »
    Its a joke!!!! Savers have such a raw deal, they still want our money but are not prepared to give anything back. :mad:

    When I get more serious cash I might just pull it out. The interest I get is what I could find on the street or down the side of my couch.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Gorgeous_George
    Gorgeous_George Posts: 7,964 Forumite
    Part of the Furniture Combo Breaker
    I intend to spend a large chunk of my savings on an extension for my home. The remainder of my savings will be deposited in NSandI. My regular saving is split 50/50 between a regular saver at 5% gross and Zopa.

    Most people will leave their money in the bank earning a pittance (losing money due to inflation).

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
This discussion has been closed.
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