Are savers frantically opening up fixed accounts?

KingL

see skoolmaster's latest list, updated today
http://forums.moneysavingexpert.com/showthread.html?t=1303341

evenasus

Bank Of Scotland Instant Access Saver Reward fixed for 12 months @ 5.80%

Open with £5,000 and add whenever you want. Four withdrawls during the year allowed.

http://www.bankofscotlandhalifax.co.uk/savings/bosinstantaccesssavingsaccountreward.asp

Veryunique_2

I received my confirmation today for fixed 6.6%. I had posted application on 7th November and deposit was invested 18th.

I asked about further deposits and they will accept cheques until Saturday 29th. They have caught up with backlog now and suggest money be ready for transfer week beginning December 1st. No more specific than that.

DavidAC

Are expected interest rate cuts likely to be priced into current fixed rate deals?

anna42hmr

i have ended up opening a fixed rate account afterall, saw the rate of the fixed rate montly savers account from barclays and couldnt resist, so have opened it up today (12 month fix, 7.75% aer)

dupuytren

i got confirmation yesterday that my access reward account with birmingham midshires is now open and that my initial deposit of £1000 has been cashed. i believe i sent my application on the 10th of nov. im a bit annoyed with them because i did send another cheque, this time of £5000 on the 14th nov and the money is still sitting in my current account. i don't think i know what to do if they have no receipt of the £5000 cheque...i'll call them tomorrow and find out. if they can't find it, i'll give then another week, if still not cleared by then im gonna close the account and move elsewhere. this is bad service!

ad44downey

This

dupuytren wrote: »

i got confirmation yesterday that my access reward account with birmingham midshires is now open and that my initial deposit of £1000 has been cashed. i believe i sent my application on the 10th of nov. im a bit annoyed with them because i did send another cheque, this time of £5000 on the 14th nov and the money is still sitting in my current account. i don't think i know what to do if they have no receipt of the £5000 cheque...i'll call them tomorrow and find out. if they can't find it, i'll give then another week, if still not cleared by then im gonna close the account and move elsewhere. this is bad service!

This is seemly commonplace with BMid and HBOS. I'll be investing with someone else even if the interest rate is slightly lower. All these delays mean you're losing alot of interest