MARTIN LEWIS on "It pays to watch" says we may NOT be paid interest (ICESAVE)...

[Deleted User]

Just heard Martin Lewis on "It pays to watch", say that ICESAVE savers may NOT receive interest earned, that hasn't been paid to accounts. For example ISA's with annual interest (I have one:mad: ), and presumably fixed rate bonds too.

If this turns out to be true, then I hope ICELAND sinks.:mad:


INSERT BY MARTIN 9 October

Thankfully my assumption was over-cautious, we're now getting indications interest will be paid up to the 7 october. It seems (thankfully) the goernment is very deteremined to ensure not a penny of savers money will be lost.

Riq

Just be pleased you got your god damn money back! :rolleyes:

ad44downey

monthly interest is better than annual interest for this reason .

[Deleted User]

Riq wrote: »

Just be pleased you got your god damn money back! :rolleyes:

I haven't yet:p And would you be...? I think not.:rolleyes:

casper_uk

Jesus i think you should be grateful to just get your money back let alone interest! Do you realise jut how lucky you have been?

[Deleted User]

ad44downey wrote: »

monthly interest is better than annual interest for this reason .

Smarta**e:rolleyes:

Lavendyr

I have money in Icesave and I will be grateful just to get my money back and to retain the ISA wrapper on my savings in there. At this point, interest is totally irrelevant in the face of nearly losing the capital.

[Deleted User]

casper_uk wrote: »

Jesus i think you should be grateful to just get your money back let alone interest! Do you realise jut how lucky you have been?

Yeah... really lucky!:rolleyes: I'm jumping with joy!:j :rolleyes:

luvpump

Riq wrote: »

Just be pleased you got your god damn money back! :rolleyes:

I agree , The stress I experianced last nite drove me to drink ... Smirnoff to be precise.. & lots of it .. but relief to hear Darling on R5 was almost tangible .. so yeah, ive lost a few hundred quid interest... I aint bovered !!

ChloeRadshaw

I for one am not happy about this,

I will be out of pocket by at least 3K as a result of this and I expect to be compensated - I m not a troll but a senior creditor to Icsave (which is fully regulated by the FSCS)

I was within the 35K protection limit - How are they allowed to do this>?

stebiz

Deleted_User wrote: »

Just heard Martin Lewis on "It pays to watch", say that ICESAVE savers may NOT receive interest earned, that hasn't been paid to accounts. For example ISA's with annual interest (I have one:mad: ), and presumably fixed rate bonds too.

If this turns out to be true, then I hope ICELAND sinks.:mad:

You just can't please some people can you. Don't be greedy - there are enough bankers out there who fall into this category.

Stebiz