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Switching ISA provider?

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Comments

  • lisyloo
    lisyloo Posts: 30,094 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Last thing - on B&B's website the rate is at 5% - is this going to change? If so, when?

    Thebank of england raised rates at the beginning of August.
    Many banks are therefore raising their rates at the beginning of September and news is coming out right about NOW.

    In your posistion I would consider waiting a week or two for this news to come out before finally making a decision.
  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    tim02 wrote:

    Last thing - on B&B's website the rate is at 5% - is this going to change? If so, when?

    Thanks, Tim

    the rate is due to change on 3rd Sept I guess thats when they will update the website

    http://hearfrom.com/bbg/esavings1.html
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
  • tim02
    tim02 Posts: 6 Forumite
    OK - thanks for the great information.
  • Gambler
    Gambler Posts: 3,312 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    jsut be careful with B&B, they managed to lose my initial deposit cheque of £3K. Not going to trust them with a transfer of £25K too so will stick with Abbey.

    Less interest but at least I know my money is safe.
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