Still no official word from First Direct regarding December's drop in interest rates?

tcall

I received a rather helpful letter today advising that my ISA has gone down to 1.49% wef 11 December, but i've still not heard anything regarding how the December BOE rate cut will affect their SVR, apart from one member on here about 3 weeks ago, who said FD are passing it on in full.
Anyone else heard any news on this?

tcall

Bumpety.

Anyone? lol

_Andy_

Have you rung them and asked? (not being sarcy or anything but if I was you I'd want to hear it from the horse's mouth)

tcall

Well tbh, i thought somebody might have heard, and this is a way that the information could be shared. But for some reason, this seems to be a closely guarded secret lol.

Anyhoo, i have just phoned them and they confirm that the SVR will drop to 3.69% wef 5th Jan

cbrpaul

yup, 3.69% on Jan 2nd 09