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Building Society's
Comments
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They used to decide who got a windfall on things like "had £100 in the account since (date)"
So I've always kept £100 in my Nationwide account... just in case.
It's been over 10 years now!
But I daren't close the account ... because I am unlucky and they would do something with windfalls.0 -
Old_Slaphead wrote: »I've not yet seen any changes to ISA rates brought on my banks' current probs. ISAs are seen as stable cheap money for banks/BSs - why are very few offering ISA 1 year fix interest at same rate as 1 year bonds ??
financial providers have been short changing its isa savers
because they know that people think of the tax advantage rather than the overall rate, and any overall advantage is better than nothing. (some isas offer no advantage to some taxable accounts)
is yorkshire Chief E who is currently chairman of the BSA, if mr cornish has definite knowledge that their wont be any mergers in forseeable future then the larger building societies must be trying to operate the building society movement as a cartel like it used to be.
many people here will remember the days when the building societies all held monthly meetings to decide what their morgage rate would be, savings rates were all the same as well. imo Mr cornish should focus on yorkshire building society and not concern himself with what others may or may not do.0 -
Thanks for all the advice, it's been really useful. I am definitely going to look into that West Brom 6.4% 2 year FR ISA.0
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