Has your savings rate increased...

YorkshireBoy

Kazza242 wrote:

Here is the thread where the ISA Saver Direct rate cut was revealed.

I remember that discussion Kazza. On the subject of whether we should fix or not, this quote, in particular, has just made me smile...

"Do you see the Bank of England increasing rates this year? I don't."

Just remind me again, how many rate rises have we had since March last year?

save-a-lot

Hi

NS&I Direct ISA went up straight away to 5.8% which was very pleasing

Kazza242

YorkshireBoy wrote:

I remember that discussion Kazza. On the subject of whether we should fix or not, this quote, in particular, has just made me smile...

"Do you see the Bank of England increasing rates this year? I don't."

Just remind me again, how many rate rises have we had since March last year?

I found this thread again this afternoon. I looked at that same quote earlier on and I did have a wry smile.

Still, without a crystal ball it can sometimes be difficult to predict which way rates will go. The rate rise this month took many leading economists by complete surprise.

MPH80

Kazza242 wrote:

Still, without a crystal ball it can sometimes be difficult to predict which way rates will go. The rate rise this month took many leading economists by complete surprise.

But it wasn't the direction that caught them on the hop - it was the timing - most of them had predicted it back after the last rise - but they thought it would be Feb or March before it happens.

In my crystal ball - I see a hold in Feb and another raise by 0.25% on March personally.

M.

[Deleted User]

According to this thread Yorkshire Building Society will be increasing its rates wef Sunday 28th Jan.

[Deleted User]

Deleted_User wrote:

According to this thread Yorkshire Building Society will be increasing its rates wef Sunday 28th Jan.

Now also referred to on 'This is Money'. See post #1 for a link.

zag2me

Halifax usually put their rate up at the last possible time of the month after the rate rise.

Froglet

Just had an email from Bradford and Bingley.They are increasing their online rates the full .25%.Last time they didn't increase the Isa,which i have,by the full amount.

Now stands at 5.55% and the savings at 5.60% so not bad.

IGK

Bradford & Bingley e-Savings 1 & 2 are also increased to 5.6% AER
http://www.hearfrom.com/bbg/sa/view.php?v=4163294&c=796255&t=2&n=346
Nice to see someone pass on the increase promptly, on top of what already was a pretty competitive rate

Gazpablo

Smile doesn't appear to have increased its savings account rate for ages (still 4.25% but only if you have a Smile current account). Time to migrate, as Smile is having a laugh I reckon.