2nd cahoot bonus savings interest reduction

Swipe

I take it this also affects Cahoot Online Savers Introductory accounts opened between 24 June and 1st September 2004 originally at 5.65%, reduced to 5.3% and then 5%?

santana-mx3

Swipe wrote:

I take it this also affects Cahoot Online Savers Introductory accounts opened between 24 June and 1st September 2004 originally at 5.65%, reduced to 5.3% and then 5%?

That's the one I have and they wrote to me about the decrease.

buses7675

Swipe wrote:

I take it this also affects Cahoot Online Savers Introductory accounts opened between 24 June and 1st September 2004 originally at 5.65%, reduced to 5.3% and then 5%?

I'd say so yes, sadly.

As stated above, there is no longer any benefit in the introductory rate account (and if they do increase the interest rate later in the year, I doubt it'll go up more than the normal account), so I think I'll move a lot of my money to my introductory rate A&L Online Saver, then move it back to Cahoot if the rate does increase considerably!

Cheers

Steve

caveat_emptor

Bradford and Bingley are offering internet savings account @ 4.85% but I have a nasty feeling that it won't be for long now that Cahoot rate is down.

sallysaver

FAO Derrick

You can contact Cahoot on 02476-627190 instead of o845******** and has worked every time for me. Good Luck - Sallysaver

djblamire

Swipe wrote:

I take it this also affects Cahoot Online Savers Introductory accounts opened between 24 June and 1st September 2004 originally at 5.65%, reduced to 5.3% and then 5%?

I've had the email, and it doesn't mention the 'introductory account' in mine.

I have just spoken to Cahoot, and they tell me that it doesn't apply to the introductory account that was available in 2004 ..... - Although they do often give out incorrect information...

Thanks
Daniel

djblamire

Just spoken to someone else who tells me it DOES apply

Anyone else had any luck getting correct info from them ?

I've sent them an e-mail to ask them.

Thanks
Daniel

wattapain

well I have a bonus saver account - opened Feb, at 5.2% - i have had no email from them, but I think I'd better contact them,

ManAtHome

I have an ordinary savings account and the introductory one - received the 30th March email about the ordinary account, but nothing (yet?) for the other one.

[Deleted User]

djblamire wrote:

Just spoken to someone else who tells me it DOES apply

Anyone else had any luck getting correct info from them ?

I've sent them an e-mail to ask them.

Thanks
Daniel

The 'subject' of the email I received is 'Important changes to your cahoot introductory savings account'.


Read into that what you will!