smile current account down to 3.04%

realaledrinker

Smile have shaved 0.25% off their current account interest rate, down to 3.04% from 3.3%, effective 6th January. Their website has the new rate tucked away under interest rates - but no sign of an e-mail to announce it.

I know they didn't change the rate at the time of the last base rate reduction but this still stinks!

cheggers

My mate goes on about Smile all the time, at last I can shut him up about how dam good they are.

CopperPlate_2

As a dyed-in-the-wool customer of smile, I have to say it smarts a bit that they've done this. Okay it's only 0.25%, but when they've increased their credit card rate by 1% it's a bit rich for them to bang on about giving the best deals, etc.

Will watch with interest (no pun intended ) the next time the BoE decides to lower rates to see which way this account rate goes.

Always been really happy with smile but the last time this happened I had a half-hearted attempt at going to FD but quickly changed my mind.

CP