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  • Will be interesting to see what IceSave's response is to todays surprise MPC decision to increase the BOE rate from 5% to 5.25%.

    Strictly speaking their guarantee means they are only bound to increase their rate to 5.50% (BOE + 0.25% until Oct 2009), a diff of 0.05% from the existing 5.45%. They were also very quick to respond last time, although the BOE rise was much better 'flagged' last time than this.

    So, if and when...;)
  • Bleg
    Bleg Posts: 338 Forumite
    Part of the Furniture 100 Posts
    I am watching them closely. Hope they do not turn out to be another ING.
    -Keep your eyes to the sunshine and you would not see the shadows-:beer:
    -Remember your forgetfulness is not my emergency:p
  • It would appear that ICICI has already increased its HiSave rate by 0.2% to 5.65% with immediate effect (11/1), according to its web site.
  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    11/01/07 - Bank of England Base Rate increased

    The Bank of England today announced an increase in the Base Rate from 5% to 5.25%. Icesave is committed to offering a consistently competitive return on our Easy Access Savings Account and will announce our new interest rates by Tuesday 16 January.

    http://www.icesave.co.uk/help.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)
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    I very much hope it involves the full increase ie to 5.7%

    why am I doubting it?
  • kittie wrote:
    why am I doubting it?
    Because you're cynical, like the rest of us? ;)
    Conjugating the verb 'to be":
    -o I am humble -o You are attention seeking -o She is Nadine Dorries
  • Bleg
    Bleg Posts: 338 Forumite
    Part of the Furniture 100 Posts
    .......and some of us have been down this road before.;) ;)
    -Keep your eyes to the sunshine and you would not see the shadows-:beer:
    -Remember your forgetfulness is not my emergency:p
  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    wef: Jan 19 2007 Icesave goes 5.70% according to moneyfacts

    http://www.moneyfacts.co.uk/savings/bestbuys/savings_internet.aspx
    "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)
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    wow. Good on icesave

    I`m going to make sure both our accounts are fully loaded
  • alared
    alared Posts: 4,029 Forumite
    I joined Icesave about a month ago, just paying by cheque a small amount to see how things went and if everything was set-up OK.
    Today I decided to test a withdrawral, and went through the process.
    I gave the final click to confirm everything and the next screen went back to the welcome page.
    I was expecting to see something like "transaction approved" or something similar.
    Is this the normal thing or has the transaction failed.
    It`s OK having a great interest rate but if you can`t get at your money when you need to,what`s the point.
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