£50,000 insured saving limit

premierfella

Market Harborough BS does a 30 day notice internet account above the magic 2.5% and might be a reasonable home for £50k (I have the account and find their service acceptable).

opinions4u

Sceptic001 wrote: »

Post Office 2.9% online saver will be covered by FSCS from 1st November.

(NB. NatWest 2.89% is now withdrawn)

Good spot. Thanks. Replace Nat West with RBS offering 2.85% AER on £50k!

dunstonh wrote: »

Or you can just stick to Lloyds bank. its over 70% owned by the Govt. So, whilst you dont get explicit protection, there is pretty much implicit protection given who mostly owns it. It depends on your perception of risk.

<whispers ever so slightly smugly that Lloyds is 41% Government owned, RBS/Nat West 84% - though the point of the post is absolutely valid!>

psychic_teabag

opinions4u wrote: »

Tesco have their own banking licence.

So do ING.

I thought ING was protected by the Dutch government, up to 100k euros..?

psychic_teabag

opinions4u wrote: »

Good spot. Thanks. Replace Nat West with RBS offering 2.85% AER on £50k!

I think RBS bonus rate is also withdrawn

thedude1234

Having just missed out on Nat West's 2.85% offering, think I will go with the Post Office. Will they be 100% covered by FSCS now? I understand they applied in September but couldnt find any info that they were successful.

Still gonna apply though...

opinions4u

psychic_teabag wrote: »

I think RBS bonus rate is also withdrawn

Still on their web site with an apply now box.

http://www.rbs.co.uk/personal/savings/g1/instant-access/direct-saver.ashx#tabs=section3

Valid until midnight tonight?

psychic_teabag wrote: »

I thought ING was protected by the Dutch government, up to 100k euros..?

My wording was technically wrong. You're absolutely right.

Sceptic001

rich_belk wrote: »

Having just missed out on Nat West's 2.85% offering, think I will go with the Post Office. Will they be 100% covered by FSCS now? I understand they applied in September but couldnt find any info that they were successful.

Still gonna apply though...

Details of Post Office/Bank of Ireland FSCS coverage here: http://www.postoffice.co.uk/portal/po/content2?catId=19300232&mediaId=125900776

The High Court application is to be heard tomorrow, PO is hoping to confirm on Friday.

psychic_teabag

opinions4u wrote: »

Still on their web site with an apply now box.

http://www.rbs.co.uk/personal/savings/g1/instant-access/direct-saver.ashx#tabs=section3

Valid until midnight tonight?

The common questions says it was for accounts opened by 20th, but the current-rates page says bonus was for applications by 20th, so yes, might be valid until midnight.

alanq

opinions4u wrote: »

Still on their web site with an apply now box.

http://www.rbs.co.uk/personal/savings/g1/instant-access/direct-saver.ashx#tabs=section3

Valid until midnight tonight?

My wording was technically wrong. You're absolutely right.

The RBS account only ever paid 2.85% for balances over £50,000.
http://www.rbs.co.uk/personal/savings/g1/instant-access/direct-saver.ashx#tabs=section3

It was never the same as the NatWest account even though RBS owns NatWest.

Without a bonus RBS pays 1.0%-1.5% depending on the balance and NatWest pays 1.0%.

opinions4u

alanq wrote: »

The RBS account only ever paid 2.85% for balances over £50,000.
http://www.rbs.co.uk/personal/savings/g1/instant-access/direct-saver.ashx#tabs=section3

Did I ever suggest otherwise?