Savers Rights: Name & Shame Accounts which hide interest rates

cornus

SHAME Alliance & Leicester
PRAISE Yorkshire BS and Leeds BS

boldgirl

Egg : To be commended.
On their online account it not only gives me the current interest rate for my account only, but I can also look at all the previous rates and it is very easy to access.

(For people who have an egg online account it's at the top centre of the page when you are viewing your account, below where it says your account number, click on the orange writing where it says 'historical interest rates')

This is a good example of what the other banks should be doing.
I have generally found that my other accounts make it quite complicated to find out, not clear at all ... so I've signed up to the petition too!! Great idea!

armoured-smiler

Alliance and Leicester, National Westminster, Tesco, Abbey, Standard Life, Smile

Nomad25

For me, Tesco is the worst.

Yes - it's in cr*p league of its own.

nzseries1

boldgirl wrote: »

Egg : To be commended.
On their online account it not only gives me the current interest rate for my account only, ...

Where? Please please tell me! I can't see it, and it seems no-one else on this thread can either!

Nomad25

http://new.egg.com/visitor/0,,3_94368--View_2081,00.html

Must admit, I thought Egg were ok too.

nanima

I have been complaining to my online banks for years about this. Halifax always used to show the current rate of interest on your savings accounts. Not so sure it does now.
Northern Rock do email as soon as the rates change. The worst is Alliance and Leicester.
Most banks have you trawling through a maze of accounts and it's even worse if your savings account is now a closed issue.
I have signed up so good luck and I hope the banks take note. Be upfront and be honest!!

opinions4u

boldgirl wrote: »

Egg : To be commended.
On their online account it not only gives me the current interest rate for my account only

Get this for my credit card, but not savings.

but I can also look at all the previous rates and it is very easy to access.

Get this for my savings, but not credit card.

This is a good example of what the other banks should be doing.

Providing a service for some, and not for others!

john_s_2

nanima wrote: »

Halifax always used to show the current rate of interest on your savings accounts. Not so sure it does now.

They do, I just checked. I'm receiving 0.1% on 4 quid in my websaver :-)

nzseries1

Nomad25 wrote: »

http://new.egg.com/visitor/0,,3_94368--View_2081,00.html

Must admit, I thought Egg were ok too.

Nomad25, this applies to new accounts. I don't care what interest rate applies to new accounts - I want to know what interest rate applies to my account.