Why icici or Icesave when you can have.....

losgiganteskid

Northern Rock - - who (provided you are 50 +) give you gross 5.46 (Net 4.36) you hear so many iffy write ups regarding those Icelantic and Indian Banks - why not put your money with the good old NR ?

Internet account min start £1 and monthly interest option at 5.33% gross (4.26% net)

DawnW

Thanks for this, I will certainly look to add this one to my portfolio.

whambamboo

losgiganteskid wrote:

Northern Rock - - who (provided you are 50 +) give you gross 5.46 (Net 4.36) you hear so many iffy write ups regarding those Icelantic and Indian Banks - why not put your money with the good old NR ?

Internet account min start £1 and monthly interest option at 5.33% gross (4.26% net)

This should be illegal for age discrimination. Outrageous.

Riviera_Kid

losgiganteskid wrote:

Northern Rock - - who (provided you are 50 +) give you gross 5.46 (Net 4.36) you hear so many iffy write ups regarding those Icelantic and Indian Banks - why not put your money with the good old NR ?

Internet account min start £1 and monthly interest option at 5.33% gross (4.26% net)

Do you work for Northern Rock or something?

As I'm nowhere near fulfilling their criteria I think I'll be sticking to that "iffy" Icelandic bank and losing out on 0.01% interest :rolleyes:

jem16

I had a look at this - at least I'm the right age (just!). Their online banking is a bit weird though and all I get is a little red cross.

Can someone else try please?

Froglet

I opened an account with them last week.Very simple and easy and i was even more impressed at the speed the money was moved from my bank to the new account,within 48 hours.Would highly recommend.

Sorry to the last 2 posters who think it is age discrimination.Come on,there have to be some advantages to being "over the hill"

We need something at our age to cheer us up when we have more years to look back on than to look forward to........................

Stompa

losgiganteskid wrote:

Northern Rock - who (provided you are 50 +) give you gross 5.46 (Net 4.36)

Is there still an increase to come on that following the last BoE rise, or has it already happened? If the latter, then it's not much of an improvement on IceSave's 5.45. Though handy to hear of another such account.

Mind you, when I used to have a NR online account it had a very clunky interface - perhaps things have improved now though.

whambamboo

losgiganteskid wrote:

Northern Rock - - who (provided you are 50 +) give you gross 5.46 (Net 4.36) you hear so many iffy write ups regarding those Icelantic and Indian Banks - why not put your money with the good old NR ?

Internet account min start £1 and monthly interest option at 5.33% gross (4.26% net)

It's 5.46% AER in both cases.

So monthly is better

http://www.northernrock.co.uk/savings/silver-savings-online/

Phoenix79_2

Froglet wrote:

Sorry to the last 2 posters who think it is age discrimination.Come on,there have to be some advantages to being "over the hill"

We need something at our age to cheer us up when we have more years to look back on than to look forward to........................

You get cheaper car insurance!

Seriously though, with the new age discrimination laws being the latest hot-topic it wouldn't surprise me if NR were told to bring this account into line with their others. Not that it bothers me in the slightest! All my savings are in a ISA! I wish i had more to save!

losgiganteskid

Phoenix79 wrote:

You get cheaper car insurance!

Seriously though, with the new age discrimination laws being the latest hot-topic it wouldn't surprise me if NR were told to bring this account into line with their others. Not that it bothers me in the slightest! All my savings are in a ISA! I wish i had more to save!

Actually, when you start looking around there are quite a few accounts that are age related.

losgiganteskid

Riviera_Kid wrote:

Do you work for Northern Rock or something?

Errrrrrrrrrrr...no I don't work for "NR or something" so your wrong on both counts, can't someone recommend something without there being a suggestion of favouritism for the company one works for. If you must know I don't work for anyone