How Do You Track Rates?

Iconic

I have just opened an A&L Esaver2 account because their old Esaver account is now paying about 2% less.

A&L didn't tell me about the interest rate changes and I was a bit miffed that I could get a higher rate by opening a new account.

How do you keep track of your variable account interest rates? Surely you don't have to look at the accounts website everyday?

Lokolo

Most people look when base rate changes. Or every now and again.

Swipe

I track them by seeing what is being posted in this forum. Anything with a decent rate get discussed on here.

anna42hmr

i use on here as people often post, plus i check my accounts rates on a monthly basis, especially if base has changed,

equitydealer

This is a good place to check rate changes

https://www.emoneyfacts.co.uk/news/savings-news.aspx

You can change the news period - I would typically go back 1 month and do a search on a bank/building society to see if they have made an announcement

Tibbledom

I have set up a directory within my internet browser favourites called "interest rates". I then set up in this directory links to the main interest rate pages on each savings account provider's website. I do not link to the specific interest rate account I have e.g. "internet 6" because I may miss the introduction of "internet 7" but to the general interest rate page.

I include a brief description in the name, short enough that the full name can be seen when I click on favourites but making sure I include the specific account name and last known interest rate e.g. "Birm Mid-4.42%-E saver issue 2". That way when I check I can locate the interest rate for my specific account and not for an account that has superceded it.

I then check the rates every week or so via the browser favourites.


Waiting for the notification from your savings provider is a mistake (often under the ridiculously weak banking code they don't have to tell you for a month or even at all).

Stompa

equitydealer wrote: »

This is a good place to check rate changes

https://www.emoneyfacts.co.uk/news/savings-news.aspx

I agree, though bear in mind that it does seem to 'miss' some changes.

anna42hmr

Tibbledom wrote: »

I have set up a directory within my internet browser favourites called "interest rates". I then set up in this directory links to the main interest rate pages on each savings account provider's website. I do not link to the specific interest rate account I have e.g. "internet 6" because I may miss the introduction of "internet 7" but to the general interest rate page.

I include a brief description in the name, short enough that the full name can be seen when I click on favourites but making sure I include the specific account name and last known interest rate e.g. "Birm Mid-4.42%-E saver issue 2". That way when I check I can locate the interest rate for my specific account and not for an account that has superceded it.

I then check the rates every week or so via the browser favourites.


Waiting for the notification from your savings provider is a mistake (often under the ridiculously weak banking code they don't have to tell you for a month or even at all).

thats a really good idea, i may give that a go myself, easy to find than how i currently do it

Iconic

Tibbledom wrote: »

I have set up a directory within my internet browser favourites called "interest rates". I then set up in this directory links to the main interest rate pages on each savings account provider's website. I do not link to the specific interest rate account I have e.g. "internet 6" because I may miss the introduction of "internet 7" but to the general interest rate page.

I include a brief description in the name, short enough that the full name can be seen when I click on favourites but making sure I include the specific account name and last known interest rate e.g. "Birm Mid-4.42%-E saver issue 2". That way when I check I can locate the interest rate for my specific account and not for an account that has superceded it.

I then check the rates every week or so via the browser favourites.


Waiting for the notification from your savings provider is a mistake (often under the ridiculously weak banking code they don't have to tell you for a month or even at all).

Great idea:beer: I will give it a go.

ac_dc

Track/get A&L rates via
http://www.alliance-leicester.co.uk/savings/interest-rates.aspx