Ulster Bank: Easy Access Savings Account at 1.25% pa

Options
1…4446484950

Comments

  • janusdesign
    janusdesign Posts: 714 Forumite
    First Post Name Dropper First Anniversary Combo Breaker
    Options
    Yorkshire_Pud wrote: »
    It's possible they will bring out a new edition but hold off doing so until BOE next meets to set base rate or bring out a new account sooner, or not bring one out, or.........its banking!
    well if they launch a new account after this month, my passport will have expired!

    i'm only getting 0.25% at the moment, so it will have to be moved at some point.

    The BoE meet tomorrow, but I might leave it until after the Budget if nothing worthwhile is launched soon.... and I still can't register at Tesco!
  • soulsaver
    soulsaver Posts: 5,976 Forumite
    Name Dropper First Anniversary First Post
    edited 1 November 2017 at 6:45PM
    Options
    janusdesign wrote: »
    well if they launch a new account after this month, my passport will have expired!
    You can renew on-line now... no photo booth required
    Top Easy Access acs Ranked by rate: Top of The Pots - **No Chat** — MoneySavingExpert Forum
  • Gambler
    Gambler Posts: 3,213 Forumite
    First Post First Anniversary Combo Breaker
    Options
    Any news on them raising the interest rate?
  • RG2015
    RG2015 Posts: 5,905 Forumite
    First Anniversary Name Dropper First Post Photogenic
    Options
    Gambler wrote: »
    Any news on them raising the interest rate?
    Absolutely no way will they be raising the rate. They were banking on a quick influx of cash. Now the account is closed to new applications, raising the interest only loses them money.
  • King_Of_Fools
    King_Of_Fools Posts: 1,592 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
    Options
    RG2015 wrote: »
    Absolutely no way will they be raising the rate. They were banking on a quick influx of cash. Now the account is closed to new applications, raising the interest only loses them money.
    Just had an email to say they will be lowering the rate to 1% on 6th April 2018!
  • G_M
    G_M Posts: 51,977 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    Options
    This is the current interest rate on your eSavings account:

    Savings Balance £1+ AER/Gross Rate pa (variable) 1.25%

    From 6th April 2018, the interest rate on your eSavings account will be:
    Savings Balance £1    + AER/Gross Rate pa (variable) 1.00%
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    First Anniversary Name Dropper First Post
    Options
    Not great news but thanks all the same
  • miller
    miller Posts: 1,630 Forumite
    Name Dropper Combo Breaker First Post Photogenic
    Options
    I suppose this is inevitable given it's RBS we are dealing with.
  • Marksfish
    Marksfish Posts: 268 Forumite
    Name Dropper First Anniversary First Post
    Options
    A lot of account closures in the near future then!
  • miller
    miller Posts: 1,630 Forumite
    Name Dropper Combo Breaker First Post Photogenic
    Options
    Given the shambolic nature in which these accounts were opened, for me it will have an effective life of 8 months (August 2017 - March 2018 inclusive).

    Bait and switch at its best.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.2K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 247.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards