TSB Monthly Saver rate to drop

Westie983

I received my maturity letter no mention of the drop of interest, but you just don't know, just need to wait and find out.

Mine matures on the 17th July.

veryintrigued

Thanks for the heads-up.

I've one 'maturing' at the end of June - got the renewal letter some weeks ago so was just assuming I'd be able get on board the 5% again.

B@gger.

savings_my_hobby

If TSB do drop the rate, there is still the Santander monthly saver at 5% on £200 a month.

Not as good I know but something to consider.

Speculator

veryintrigued wrote: »

Thanks for the heads-up.

I've one 'maturing' at the end of July - got the renewal letter some weeks ago so was just assuming I'd be able get on board the 5% again.

B@gger.

Got the letter same time as you but mine matures 3rd July.


If regular savings rate keep on falling, we may have to open a fourth Santander 123 a/c.


At least our Lloyds regular a/cs matured 3 months ago before the rate drop.

veryintrigued

Speculator wrote: »

Got the letter same time as you but mine matures 3rd July.


If regular savings rate keep on falling, we may have to open a fourth Santander 123 a/c.


At least our Lloyds regular a/cs matured 3 months ago before the rate drop.

Apologies - mine is due to 'mature' end of June.

I might just sneak in but I doubt it now that people at branch level know of the impending drop.

Speculator

veryintrigued wrote: »

Apologies - mine is due to 'mature' end of June

Just checked my letter and mine matures end of June also but was opened 3rd July.

YorkshireBoy

veryintrigued wrote: »

Apologies - mine is due to 'mature' end of June.

I might just sneak in but I doubt it now that people at branch level know of the impending drop.

Wasn't it launched on 1st July last year? So the earliest you could renew would be 1st July, and possibly even the 2nd July depending on how quick their systems reset? Scrub that!

Speculator wrote:

Just checked my letter and mine matures end of June also but was opened 3rd July.

Just checked my letter and it says the same (30th June). My SO funds on the 3rd of the month. I opened it whilst out of the country last summer, but can't remember whether I did it on the 1st, ie launch day, or I didn't spot it straight away? Were we able to open and fund in the same application session? I think we were? Seem to remember we were saying at the time how quick and easy it was?

veryintrigued

YorkshireBoy wrote: »

Wasn't it launched on 1st July last year? So the earliest you could renew would be 1st July, and possibly even the 2nd July depending on how quick their systems reset? Scrub that!Just checked my letter and it says the same (30th June). My SO funds on the 3rd of the month. I opened it whilst out of the country last summer, but can't remember whether I did it on the 1st, ie launch day, or I didn't spot it straight away? Were we able to open and fund in the same application session? I think we were? Seem to remember we were saying at the time how quick and easy it was?

On my spreadsheet I have:

Opened on 1/7/15
Funded on 2/7/15
Matures 30/6/16

Note I have edited these!

Pincher

Damn, I was going to start one in September to complete my quarterly quartet: HSBC, First Direct, Nationwide, TSB.

Matures every three months, a Worm Ouroboros, endlessly feeding upon itself.

It's taken me a year to get the planets to align.

harz99

Speculator wrote: »

Got the letter same time as you but mine matures 3rd July.


If regular savings rate keep on falling, we may have to open a fourth Santander 123 a/c.


At least our Lloyds regular a/cs matured 3 months ago before the rate drop.

Fourth? Thought you were only allowed three between two people. one each and a joint.