Halifax Slash Their Savings Rates Again

alared

From today all savings rates slashed.
Might as well stick it under the mattress now!:mad:

http://www.halifax.co.uk/savings/comparealloursavingsaccounts.asp

variable rate ISA if you have £27k plus is paying .61%,yes POINT SIX ONE of one percent.

bryanb

alared wrote: »

From today all savings rates slashed.
Might as well stick it under the mattress now!:mad:

http://www.halifax.co.uk/savings/comparealloursavingsaccounts.asp

variable rate ISA if you have £27k plus is paying .61%,yes POINT SIX ONE of one percent.

At least it's tax free. Happy New Year!

natman

Shocking - worst news I have heard this year!:eek:

LongTermLurker

bryanb wrote: »

At least it's tax free. Happy New Year!

You've got to love a man with a half full glass

Happy New Year too :wave:

opinions4u

At least my Web Savers (no card) remain above 1%!

Thank the Lord for Web Saver Reward (5%)!

I should get a job in marketing for that!

fullstop

At least they have not touched the Children's Regular Saver, it is still paying a fixed 8%

cocktail

fullstop wrote: »

At least they have not touched the Children's Regular Saver, it is still paying a fixed 8%

was it not 10% earlier
i think halifax rates are being streamlined with the average rates among the bigger banks .Influence of LLoyds Tsb ,probably.

LongTermLurker

opinions4u wrote: »

Thank the Lord for Web Saver Reward (5%)!

Or even the Guaranteed Saver Reward (6%)

opinions4u

LongTermLurker wrote: »

Or even the Guaranteed Saver Reward (6%)

Got that one too.

Also got an IASA Reward at 6.5% until July (supporting the 12% Regular Savers)!!

LongTermLurker

You've got some good accounts there. I didn't have the £5k available at the time to get the 12%er.

alared

If the BoE cuts rates again next month we`ll be paying the Halifax interest on our savings at this rate!!!!!!!!!!!!

Nationwide have already announced today that they will NOT cut their tracker mortgage rates anymore because of the amount of savings that have been withdrawn in the past couple of months.