Bank cuts rates

Milarky

Just check emoneyfacts now - a lot of accounts are being withdrawn immediately, close of business or tomorrow's close.

Still time to open an Egg 6.3 for one year - I doubt Tesco's rates will stay at 6.5% etc

Nationwide normally cut 'ordinary' rates after everyone one else has (eg the regular saver rate is set for one month at a time) at the end of the month - so watch their fixed rates disappear before then.

Lokolo

Hm Eggs other savings account is still at 4.75%. If it goes down to 4.25% I will move my money elsewhere. I suppose I could close that down and open the 6% whatever one hm.