N/Wide c/a stops paying interest-where next?

G_M

Just found out Nationwide has stopped paying ANY interest on its Flex account. I knew the rate had dropped (and its e-saver too) but zero is taking the p***! But where to go? I left A & L 2 years ago because of the appalling servive and overseas call centres, and Abbey seems as bad, yet these are the only 2 with good interest rates.
Coventry 1st? (2.1%) Looks OK except after a year the rate drops (& who wants to switch c/a every year!).
Lloyds Plus (2.5%), but Lloyds has some iffy reports too.
N & P - I can't even work out from their site what rate (if any) they pay!
Any suggestions? Have I missed any obvious (or obscure) accounts?

rb10

Halifax - there are several threads on here about the Reward account. This pays a flat £5/month for every month in which you pay in £1000. This is more interest than you could get from the accounts you mentioned.

Natti_A

I agree with rb10, Halifax is probably the best option. They also hav a switchin service to change ur DDs/SOs if u dont want to do it yourself.

Biggles

Just log in to your Flexaccount & open an eSaver?

Inactive

Biggles wrote: »

Just log in to your Flexaccount & open an eSaver?

Agreed, the transfers are instant.

apt

Not much point in an e-saver at present. Pays 1.45% with another cut on the cards. I would keep the Flexaccount for foreign spending though. Lloyds offer good interest rates on plus/vantage. Halifax currently offering free fivers. With the whole group losing billions it's doubtful how long either offer will last.

Biggles

eSaver Plus is 2.75% if you don't make more than 3 withdrawals in a year.

Lokolo

Why are so many people complaining about interest rates on current accounts?
Its savings accounts they should be worried about !!!!!!.

Inactive

Lokolo wrote: »

Why are so many people complaining about interest rates on current accounts?
Its savings accounts they should be worried about !!!!!!.

TBH, Lokolo, there is so little difference in interest rates between savings and current accounts now, it is difficult to distinguish between the two.;)

withnell

apt wrote: »

Not much point in an e-saver at present. Pays 1.45% with another cut on the cards. I would keep the Flexaccount for foreign spending though. Lloyds offer good interest rates on plus/vantage. Halifax currently offering free fivers. With the whole group losing billions it's doubtful how long either offer will last.

There's no physical cash being lost, its just the investments being marked to market value - previously large "profits" have been posted as values soared.

G_M

Thanks everyone. Yes I've always had an e-saver alongside the Flex, but as pointed out that too only pays 1.45 now. Use it to sweep cash back & forth as rqd, so e-saver plus is no good as limited withdrawals allowed (Longer term savings can be found much better rates elsewhere).
Looks like Lloyds Plus or Halifax then.