Notification of interest rate changes from banks

fairtrade

rb10 wrote: »

How about 'All savings interest rates' on the right hand side? There's then a link to 'Golden ISA interest rates'. Not difficult at all.



Again, you want 'Interest Rates' on the right hand side. Then, as it's a Closed Issue Account, that's the option you pick, and click Find. Ctrl+F on that page takes you easily to Direct ISA Issue 5.

If you have the first three digits of your account number then it's even simpler.

Are you really telling me that you had trouble in finding that out for yourself?

It would seem that there are those who are not prepared to invest any time or effort to maximise their earnings potential. The information is freely available it just may take more than a cursory glance to find what is of relevance to the individual. It is rather childish to suggest that because you didn't find what you wanted immeadiately that it does not exist.

SCULLY: "It just doesn't seem, substantial enough to warrant an investigation."

bagsacash

It would seem that there are those who are not prepared to invest any time or effort to maximise their earnings potential. The information is freely available it just may take more than a cursory glance to find what is of relevance to the individual.

Thats because people live busy lives and don't want to have to trawl bank websites looking for info that could very easily be included in account details online and in statements.

Fair play to barclays they sent me a statement, the interest rate was included but it wasn't on the front page were there was planty of room to include it along with account name and number, it was on the back of the page tooked away up at the top left.

fairtrade

:wall:

bagsacash wrote: »

Thats because people live busy lives and don't want to have to trawl bank websites looking for info

I do not associate the action of pressing a mouse button 3 times with the word 'trawl'. As for busy lives, 5 minutes to access your account details doesn't seem too much of a travail.

"There is never enough time to do everything, but there is always enough time to do the most important thing.",Brian Tracy

bagsacash

I do not associate the action of pressing a mouse button 3 times with the word 'trawl'. As for busy lives, 5 minutes to access your account details doesn't seem too much of a travail.

I agree clicking a mouse button is not the same as reading through webpage content until you find a link that might be what your looking for and then looking through a list of accounts until you find the account that matches yours - and then wondering if its up to date.

Brian99_2

FACT IS... that with all the Gigabytes of data rushing around... and fantastic computer power... the communication we have from the banks is WORSE now than it was 40 years ago, when I received a letter WHENEVER the interest rate changed on my Leeds Building Society account.

It is so simple for them (B.o.S.) to display the interest on an online account. But they don't.

RayWolfe

bagsacash wrote: »

Thats because people live busy lives

As indeed you do.
What's your current posting rate here? I reckon you could have done a lot of trawling in that time; as could I if I didn't have to keep reading you contrary offerings.

You want to start a campaign, that's good, so do I.
PLEASE JOIN ME IN GETTING PEOPLE TO TAKE RESPONSIBILITY.

Any takers?

fairtrade

RayWolfe wrote: »

You want to start a campaign, that's good, so do I.
PLEASE JOIN ME IN GETTING PEOPLE TO TAKE RESPONSIBILITY.

Any takers?

Sign me up! :dance:

"As human beings, we are endowed with freedom of choice, and we cannot shuffle off our responsibility upon the shoulders of God or nature. We must shoulder it ourselves. It is up to us.",Arnold Toynbee :wave:

bagsacash

PLEASE JOIN ME IN GETTING PEOPLE TO TAKE RESPONSIBILITY.

I think your campaign is more about supporting the banks irrisposible behavior rather than making the general public resposible.

baby_boomer

I'd prefer less money spent on postage, fewer trees felled and a better rate as a result.

At the very least we should all be given the opportunity to get rate changes notified by e-mail to help reduce costs and benefit the environment.

progressive_uk

I get this style of argumentation from my mother a lot - why can't they be forced to do this. Bizarrely, she also often complains about the nanny state.

My view is that the banks should continue their present practice because it is most favourable to me! If every saver was as ruthless as many of the posters here, the banks would inevitably have to cut the top rates because they couldn't afford them. In that sense the status quo is an economic form of natural selection - only those who are well adapted to the reality of modern banking will actually make any money from it.