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Abbey DIRECT ISA - When are they going to annouce rate rise?

This ISA should be going to 6.25% from 1st August for balances over £9k. Anyone know when they intend on announcing the new rate?

Comments

  • KTF
    KTF Posts: 4,854 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It should be automatic I think but they are normally slow to update their site. A quick phone call should give you the answer.
  • Kazza242
    Kazza242 Posts: 2,203 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    humfer wrote: »
    This ISA should be going to 6.25% from 1st August for balances over £9k. Anyone know when they intend on announcing the new rate?

    The 6.25% rate for balances of £9,000 and above comes into effect from the 1st August 2007. Abbey won't update the rates on their website until then.

    See this Moneyfacts link for confirmation of the Abbey Direct ISA rate increase.
    Please call me 'Kazza'.
  • MiserlyMartin
    MiserlyMartin Posts: 2,284 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Thanks once again to Kazza. Indeed the rate has gone to 6.25% on the Abbey website. Wonderful stuff. Heres the link
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