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Current interest rates - Egg, Tesco & Natwest

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  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    I opened my Tesco Internet Saver account on 6-Nov-08. The rate was 6.5%.
    On 27-Nov it dropped to 6%.
    8-Jan it dropped to 5.1%.
    5-Feb it dropped to 4.0%.
    5-Mar it dropped to 3.25%.
    Interest on this account is paid 31 March each year.

    Can't help you with the others sorry.
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • coolio_2
    coolio_2 Posts: 1,408 Forumite
    Thank you very much zseries, total star
  • noh
    noh Posts: 5,817 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    coolio wrote: »
    I opened a Natwest esavings late October/early November when I thought it was promising approx 6% for a year. Are they still paying this rate on my savings?

    I opened a Tesco online savings which at the sametime was also offering approx 6%. Are they still paying this rate on my savings, and when does interest get credited as I haven't received any for 40k since November

    I have an Egg savings which I believe offered somewhere between 4-6% for a year from opening. I opened it in June. Was this rate fixed or variable?

    Here are links to the relevant pages on the egg and natwest sites.

    http://new.egg.com/visitor/0,,3_54050--View_451,00.html

    http://www.natwest.com/personal/savings/g1/instant-access/e-savings/bonus-rate.ashx

    Nigel
  • Nat West are relaunching their E-Saver account tomorrow (29th Sep) with a headline rate of 2.8% for 12 months:j. However, because the interest rates are tiered, to get that rate you have to put in £50k :mad: Below that you only get 2.55% which is less than the AA, Post Office, Santander etc. who apply their rates from £1 upwards at their headline rate.
  • Sceptic001
    Sceptic001 Posts: 1,111 Forumite
    Nat West are relaunching their E-Saver account tomorrow (29th Sep) with a headline rate of 2.8% for 12 months:j. However, because the interest rates are tiered, to get that rate you have to put in £50k :mad: Below that you only get 2.55% which is less than the AA, Post Office, Santander etc. who apply their rates from £1 upwards at their headline rate.
    There is a thread on these new RBS/NatWest accounts here.

    My understanding is that the RBS Direct Saver has stepped rates but the NatWest e-Savings account does not. Looks like a no-brainer... :j
  • Jake'sGran
    Jake'sGran Posts: 3,269 Forumite
    coolio wrote: »
    Because I believe I hooked into 1 year rates, for which I believe the offers have now ended. I am not entirely sure I am getting the rates (6%ish) I should be getting


    I don't know anyone offering 6% even for a fixed rate for 5 years. I had a one year account with Egg paying 3.25% which was good for instant access but it has now ended and I am moving my money elsewhere.
  • *Ahem* post around 18 months old *ahem* ;)
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