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First Direct cutting ISA rate again

The_Bookman · 2015-11-20 13:27:09

Apologies if this has already been covered, but I couldn't find it, so I thought I'd pass it on. From 12th January 2016, First Direct is cutting the interest rate on its ISA to 1.29% for all balances, a drop of 0.2% for those currently on the highest rate. It's on their website, but I found out when they wrote to me today…

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Comments

jimjames Posts: 18,636 Forumite

3 December 2015 at 1:22PM

lisyloo wrote: »

Yes, I'm aware there are other options with tiny allowances, just can't see how to get to £120k.

Have you added them up? Try it and you'll get to £120k. There not really tiny allowances for most people. All my savings are at 5%.

Remember the saying: if it looks too good to be true it almost certainly is.
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