Savings Rate Wire - January 2009

skoolmaster

SAVINGS RATE WIRE - JANUARY 2009
________________________________________

NOTE: FSCS limit £50,000 per customer (per brand)
Temporary for 12 months from Dec 08

BOLD best current rate

Sources: emoneyfacts

FIXED RATES
ICICI Bank UK HiSAVE Fixed Rate 5.10% :j
Anglo Irish Bank Fixed Rate Bond 5.00%
Yorkshire BS E-Bond Issue 2 4.50
Chelsea BS Short Term Winter Fixed Rate Bond 2nd Issue 4.50%
Cheshire BS (Nationwide BS) 1 Year Fixed Rate Bond 4.50
Julian Hodge Bank Capital Millennium Bond 4.50%
Cheshire BS (Nationwide BS) 2 Year Fixed Rate Bond Issue 14 4.75%
Cheshire BS (Nationwide BS) 3 Year Fixed Rate Bond Issue 11 4.75%
Anglo Irish Bank Fixed Rate Bond 4.50%
Anglo Irish Bank Fixed Rate Bond 4.30%
Anglo Irish Bank Fixed Rate Bond 4.20%

FIXED RATE ISA (Tax free)
Cheshire BS (Nationwide BS) 12 Month Fixed Rate ISA 15 4.50%
Nationwide BS 3 Year Fixed Rate ISA Bond 4.25%
Newcastle BS Fixed Rate Options Bond Cash ISA Issue 26 4.25%
Julian Hodge Bank 1 Year Fixed ISA 4.25%
Northern Rock Fixed Rate Cash ISA 4.15%

CASH ISA (Tax free)
Newcastle BS Newcsatle ISA+ Issue 2 4.50%
Newcastle BS Reward Saver ISA 4.50%
Loughborough BS 30 Day Cash ISA 4.40%
Barclays Bank Tax Haven ISA 4.08%
Principality BS e-ISA 4.05%
Kent Reliance BS Direct Variable Rate Cash ISA 4.01%

INTERNET
AA (Lloyds Banking Group) Internet Saver 4.53%
Principality BS e-SAVER 4.51%
ICICI Bank UK HiSAVE Savings 4.50%
Yorkshire BS Internet Saver 4.50%
Newcastle BS NewcastleNet Savings Issue 7 4.49%
Birmingham Midshires (Lloyds banking Group) e-Saver Issue 2 4.33%

NOTICE
Chesham BS Save Direct 90 4.75%
Anglo Irish Bank 7 Day Notice Issue 2 4.65%
Market Harborough BS onthedot 30 Day Notice 4.55%
Derbyshire BS (Nationwide BS)
FirstSave 90 Day Notice 4.50%
Progressive BS Postal 7 Day Notice 4.50%

NO NOTICE
Stroud & Swindon BS Bonus Guarantee 4.75%
Anglo Irish Bank Easy Access Deposit Issue 2 4.55%
Stroud & Swindon BS Postal Account 4.40%
Scarborough BS (Skipton Group) Balance Builder Issue 1 4.00%
Birmingham Midshires (Lloyds Banking Group) Easy Telephone Savings 3.75%
Tesco Tesco Savings 3.75%

REGULAR
Abbey (Santander) Fixed Monthly Saver 8 6.00% :j
Principality BS Regular Saver Bond Issue 6 6.00% :j
Barclays Bank Monthly Savings 5.84%
Skipton BS Special Saver 5.30%
Skipton BS Christmas Saver Issue 3 5.30%
Yorkshire BS Regular Saver 4.75%

CHILDREN’S SAVINGS
Halifax (Lloyds Banking Group) Children's Regular Saver 8.00% :huh:
Nottingham BS Branch Only Childrens Regular Saver Issue 7 7.50%
Chorley & District BS Foxley Fund 4.60%
Harpenden BS 18 Club 4.35%
Yorkshire BS One Day 3.76%
NS&I Childrens Bond Issue 31 3.70%
Halifax (Lloyds Banking Group) Save4it 3.55%
Cheshire BS (Nationwide BS) Big Cat Junior Saver 3.50%
Skipton BS Leap 3.50%
Principality BS Children's 3.40%
Nationwide BS Smart 3.22%
NatWest Young Saver 2.97%
Chelsea BS Ready Steady Save 2.95%

NS&I
Easy Access Savings 1.45%
Investment 1.00%
Income Bonds 2.45%
Guaranteed Growth Bond Issue 45 4.20%
Guaranteed Growth Bond Issue 39 4.00%
Guaranteed Growth Bond Issue 36 4.00%
Guaranteed Income Bond Issue 45 4.10%
Guaranteed Income Bond Issue 39 3.90%
Guaranteed Income Bond Issue 36 3.90%
Direct ISA 3.30%
Cash ISA 2.40%
Savings Certificate 44th Issue 2.95%F 2.91% 2 Year Bond £100
Savings Certificate 93rd Issue 2.95%F 2.79% 5 Year Bond £100
Index-Linked Certificate 18th 1.00% + inflation :j
Index-Linked Certificate 45th 1.00% + inflation :j
Childrens Bond Issue 31 3.70%

daffydilly

Chesham BS Save Direct 90 4.75% has been reduced to 3.25%

Lansdowne

Yorkshire BS rates are out of date, e.g.
Internet Saver 3.75%
Regular Saver 4.25%

daffydilly

Lansdowne wrote: »

Yorkshire BS rates are out of date, e.g.
Internet Saver 3.75%
Regular Saver 4.25%

It's getting impossible to find any decent rate left anywhere! thought of the tesco internet saver but after reading about the many problems with it on this forum, it has put me off. I phoned saturday re above 'Chelsea BS Short Term Winter Fixed Rate Bond 2nd Issue 4.50%' as I want just 6 mth fixed at present, so can only hope that by giving my details on their answerphone message i will get forms sent out and get this rate before they drop theirs too!
:rolleyes:

dougs

Principality BS E-Saver is 3.07% not 4.51%

the list seems to be quite out of date.

Baldur

dougs wrote: »

Principality BS E-Saver is 3.07% not 4.51%

the list seems to be quite out of date.

Yes, at least 3 days old - https://www.emoneyfacts.co.uk/news/savings-news.aspx?newsarticleid=180291

ebyard

I am getting fed up of chasing rates. I scrimped and saved, was careful with my spending, had no debts, and I (like many others) am getting screwed by these interest rate cuts.

I am now looking seriously at withdrawing all my cash and taking it overseas, screw HMRC, this is my financial lifesblood and I need to do whatever I can to protect myself.

daffydilly

ebyard wrote: »

I am getting fed up of chasing rates. I scrimped and saved, was careful with my spending, had no debts, and I (like many others) am getting screwed by these interest rate cuts.

I am now looking seriously at withdrawing all my cash and taking it overseas, screw HMRC, this is my financial lifesblood and I need to do whatever I can to protect myself.

just please make sure it is safely invested overseas. there seems now to be a race on between tories and labour as to who will do the most to help us savers due to the bad return we are now getting re interest rates.
its all very well raising tax allowances and/or abolishing tax on savings interest but these measures will only help so far. until the bank of england base rate goes up again we savers will continue to suffer.
:eek: