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Sainsbury's e-Saver rates drop

A._Badger
A._Badger Posts: 5,881 Forumite
Part of the Furniture 1,000 Posts Name Dropper
in Savings & investments
More joy from the banks. A letter received this morning advises that Sainsbury's Bank is dropping its e-Saver rate on sums from £1,000-100,000 from 2.4% to 1.7%.

Just thought I'd share the good news.

Comments

  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    A._Badger wrote: »
    More joy from the banks. A letter received this morning advises that Sainsbury's Bank is dropping its e-Saver rate on sums from £1,000-100,000 from 2.4% to 1.7%.

    Just thought I'd share the good news.

    They are all at it. Nationwide e-saver has just reduced too....
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    BobQ wrote: »
    They are all at it. Nationwide e-saver has just reduced too....

    Yes, clearly they don't need to pay to borrow our money, now the government is taking it from us as taxation then lending it to the banks for next to nothing.
  • SpanishBlue
    SpanishBlue Posts: 653 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    BobQ wrote: »
    They are all at it. Nationwide e-saver has just reduced too....

    It's the "e Savings Plus" account that's being reduced to 1.7% on June 1st.

    Their "e Savings" account remains (for the moment) at a fantastic rate of 0.45% ;)
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