Savings Accounts Guaranteed to Increase Rates

Froglet

Moggles where did you get your info on this? I sent off for the forms to start an e isa with them but have decided to wait and see what their rate will be before i apply as the yorkshire isa is now to be 5.15.I questioned them over the phone but of course they deny knowing anything and just say it is a good rate already! Well,i can wait but not for ever!!

I also need to way up which is the most likely to sustain the new rate.Does anyone have advice on which one is the most reliable?

Moggles_2

Hi Froglet

I'm a Bradford & Bingley customer, so I phoned and asked on a regular basis. Until this morning, I got the same spin as you. "It's a competitive rate already... etc, etc."

Btw, I asked about the ISA as well, but they would not be drawn on that one, unfortunately.

It looks as though we'll be looking at a more level playing field by 2-3 September, which will make decisions a little easier.

Cheers
M

magpiejay

Bradford and Bingley have just announced their increase in an email. New rate for esavings is 5.1%AER (up from 4.85%), eIsa 5.15% (up from 5%aer)

Moggles_2

Hi All

It's good to see another mortgage bank come clean on interest rates at last.
The new rates will be paid from Sunday 3 September 2006.

Cheers
M

:beer: .

[Deleted User]

Nationwide have finally made their announcement today, FWIW.

http://www.nationwide.co.uk/mediacentre/PressRelease_this.asp?ID=882

intalex

Looks like HSBC won't be raising interest rates on their Online Saver. Their interest rates page shows the same rates as the pre-BoE raise, but with an effective date of 04-Sep-06.

Now I gotta do some research on where to move it all.