M&S Mini Cash ISA now UP to 4.75% (from 4.50%)

isasmurf

To keep with their guarantee to match with the BoE Base Rate, M&S have increased their Mini Cash ISA back up to 4.75% with immediate effect.

Hardly seemed worth decreasing it...

Sazbo

isasmurf wrote:

To keep with their guarantee to match with the BoE Base Rate, M&S have increased their Mini Cash ISA back up to 4.75% with immediate effect.

Hardly seemed worth decreasing it...

Just wondered has anyone had a letter from M&S saying the rate's been increased? Don't think I've had one yet, but maybe it's on it's way?

Optimist

Dont care now. I transfered mine to B&B (rate now 5.15%) when M&S dropped the rate from 4.75% to 4.5 %. Probably put it back up as a result of the snotty letter I send them LOL !!

Lyncroft

Letter says only guaranteed to match the BOE rate till Dec 2006.

emphatiC_hanK

Optimist wrote:

Dont care now. I transfered mine to B&B (rate now 5.15%) when M&S dropped the rate from 4.75% to 4.5 %. Probably put it back up as a result of the snotty letter I send them LOL !!

I switched to B&B from M&S as well, but their website still states 5.00% for its Direct ISA (ie: no increase after the BofE base rate 1/4 point increase.)

:A emphatiC_hanK :A

Optimist

emphatiC_hanK wrote:

I switched to B&B from M&S as well, but their website still states 5.00% for its Direct ISA (ie: no increase after the BofE base rate 1/4 point increase.)

:A emphatiC_hanK :A

They sent a email out last week to say that Esavings were going up to 5.10% and the ISA was going to 5.15%

http://hearfrom.com/bbg/esavings1.html

emphatiC_hanK

Thanks for the information, an extra 0.15% will come in very handy indeed.

I assume that as a brand new customer I've yet to make it to their e-mail distribution list, although you would have expected them to have updated their website by now.

[edit: it seems they have updated the site, but as it's not effective for another week it's hidden well away.]

:A emphatic_hanK :A