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Britannia Reductions
apt
Posts: 3,248 Forumite
Most Britannia BS accounts have been reduced by the straight 1.5%. The Direct Saver Reserve now pays 4.5% including six month bonus. Some regular savings accounts have gone down by less - but mainly because they weren't paying much more that 1.5% excl. bonus anyway. The Easy Saver is definitely one to avoid - EASYSAVER: £100 - 0.40% (-1.50%), £5K - 0.65% (-1.50%), £10K - 0.90% (-2.50%), £20K - 1.40% (-2.60%), £50K - 1.55% (-2.65%), £100K - 2.00% (-2.45%). (Excludes a possible 1% bonus, but still useless.)
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(Lucky old us with maturing Fixed Rate Regular Savers therefore).....under construction.... COVID is a [discontinued] scam0
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Anyone fancy piling into The Britannia's Instant Access Cash ISA paying a staggering 2.5%. Hardly worth bothering with such a lousy rate."When the Government borrows, the citizen has to save".
Machiavellii0
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