We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
M&S, HSBC and First Direct cutting interest on regular savings accounts to 5%
Former_MSE_Faye
Posts: 147 Forumite
Market-leading regular savers are cutting their headline rates for new customers - but you could still lock in at 6%...
Read the full story:
'M&S, HSBC and First Direct cutting interest on regular savings accounts to 5%'
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
'M&S, HSBC and First Direct cutting interest on regular savings accounts to 5%'
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
See the latest news from MoneySavingExpertNews
Follow the MSE on Twitter: @MoneySavingExp
Get Martin's Money Tips
Join the MSE Forum
Follow the MSE on Twitter: @MoneySavingExp
Get Martin's Money Tips
Join the MSE Forum
0
Comments
-
Initial thoughts, not as bad as feared!0
-
Yep, could have been a lot worse!0
-
I'll take that.:grouphug:
Official MSE canny forumite and HUKD VIP badge member :grouphug:0 -
Are these three institutions related?
Others may speculate that its a little coincidental that three separate institutions announce reductions from 6 to 5% on the same day?!0 -
veryintrigued wrote: »Are these three institutions related?
Others may speculate that its a little coincidental that three separate institutions announce reductions from 6 to 5% on the same day?!
Yes, they are.
https://en.wikipedia.org/wiki/HSBC_Bank_(Europe)#Other_UK_operations:grouphug: Official MSE canny forumite and HUKD VIP badge member :grouphug:0 -
Thank you - I didn't know M&S was part of a partnership of the HSBC group!0 -
All things considered, that's not bad. As others have mentioned, it could have been a lot worse.
M0 -
Agree, the drop could have been worse.
I wonder, though, what rates will be on offer when my 3 accounts end in Feb and April next year.0 -
Deleted_User wrote: »Agree, the drop could have been worse.
I wonder, though, what rates will be on offer when my 3 accounts end in Feb and April next year.
This. I'm hoping it stays at 5% for a while!0 -
Started a 6% RS on 2nd September 2016 with First Direct.
Last of a Dying Breed, eh?
Was there a three year 6% Bond from Nationwide? Was Luke SkyWalker real? Did Jesus make good wine, or cheap Spanish plonk?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.8K Banking & Borrowing
- 253.8K Reduce Debt & Boost Income
- 454.6K Spending & Discounts
- 245.9K Work, Benefits & Business
- 601.9K Mortgages, Homes & Bills
- 177.7K Life & Family
- 259.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards