Savings Accounts Guaranteed to Increase Rates (May '07)

codetown

no updates in the last week?

Mr_Mumble

Good job keeping me on my toes codetown! Very little change recently, other than Abbey that I've now updated. Announcements seem to either be immediate for the kudos of a quick rise or, especially with big banks and mortgage lenders, an announcement is made as late as possible.

TomJ

Mr_Mumble wrote: »

Yep, back again!

Please note: this list is for accounts with a guaranteed rate rise only. The list excludes accounts with guarantees below the base rate and accounts where there is a bonus rate of less than a year. All interest rates are Annual Equivalent (AER), not gross.

Easy Access Accounts

Account Name: Current % AER or raised rate --> Minimum rate rise or announced rise (rate guarantee expiry date)
<snip>
Coventry First (including bonus): 5.75 --> 6.00
<snip>

Please mention any mistakes.

You seem to be listing the gross rate rather than the AER for the Coventry First account... The current AER is 5.85%, which is guaranteed to rise to 6.1% within a month of the base rate rise (ie in the next fortnight).