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BOE Base rate 5.5%: Has your savings rate risen?

124

Comments

  • intalex
    intalex Posts: 990 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Yup, the old one has risen to 5.50% AER.

    http://www.hsbc.co.uk/1/2/interest-rates/savings-investments
  • bristolleedsfan
    bristolleedsfan Posts: 12,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    in answer to title of thread ironically the answer is nope the majority of my savings that are in three different places that were paying 6.25%, 7%,8% gross received no increase following the last base rate increase :(:cry::(
  • ED
    ED Posts: 617 Forumite
    Sympathies, bristolleedsfan - let's hope for all savers' sakes Base Rate rises this week...+ savings accounts are boosted fairly - in some cases by more than 0.50%/0.25% if inadequate re May BR rise!
  • Beate
    Beate Posts: 3,522 Forumite
    Part of the Furniture Combo Breaker
    Sorry if it's been mentioned before but I got an email from Bradford & Bingley today: Both their eSavings (formerly 5.6%) and their eISA (formerly 5.55%) have risen to 5.8% with effect from 3rd June.
    Reclaimed thanks to this site:
    £175 Abbey Mortgage Repayment Fee, £170.03 Capital One Bank Charges £418.07 Lloyds TSB Bank Charges, £2,671.55 Mis-sold Endowment Policy, all for OH
  • bristolleedsfan
    bristolleedsfan Posts: 12,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ED wrote: »
    Sympathies, bristolleedsfan - let's hope for all savers' sakes Base Rate rises this week...+ savings accounts are boosted fairly - in some cases by more than 0.50%/0.25% if inadequate re May BR rise!

    at least barclays put its isa rate up :j


    even if yorkshire BS didnt increase its regular saver following another 0.25% base rate increase it would still be best buy reg saver account for allowable 500.00 monthly pay in ( and lasting longer than 12 months) and still higher than the 1 year fixes :(
  • milla
    milla Posts: 298 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    e mail from Yorkshire Building Society

    On 10 May 2007, the Bank of England Base Rate was increased to 5.50%.

    The new rate for your Internet Saver has been increased to 5.56% gross p.a./5.70% AER* from 3 June 2007.
    Without the rain you wouldn't have the rainbows !

    I came into this world with nothing and I've still got most of it left!
  • They're very quick off the mark again .
  • steady__eddie
    steady__eddie Posts: 1,455 Forumite
    Part of the Furniture Combo Breaker Uniform Washer
    tipsychick wrote: »
    My mum has this a/c. What a bunch of cheapskates! Why don't they all do the decent thing and pass the full BOE rate rise on?

    Well if they were to do this then there probably wouldn't be enough to pay for the bubbly at the shareholders meetings and I like a drop of bubbly at my meetings.:D
  • Just got an email saying they are keeping the online saving rate at 5.50% .
    I thought it was a tracker ?



    Edit cos I'm a pillock and got this wrong as the email referred to the cash isa a/c .
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    FridaysVictim, odd the website shows 5.75% for the Internet account. The "Investor" account is currently 5.50%.
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
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