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Nationwide and TSB won't pass full interest rate rise on to savers - MSE News

Former_MSE_Megan_F
Former_MSE_Megan_F Posts: 418 Forumite
Newshound!
in Savings & investments
Nationwide and TSB have confirmed they won't pass on the full interest rate rise to most savers - despite doing so for mortgage customers...
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'Nationwide and TSB won't pass full interest rate rise on to savers'
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Comments

  • eskbanker
    eskbanker Posts: 33,038 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    For anyone wishing to read, or contribute to, the existing thread discussing this (Nationwide only when started), it's at: https://forums.moneysavingexpert.com/discussion/5878602/nationwide-after-boe-interest-rate-rise
  • robin58
    robin58 Posts: 2,802 Forumite
    And banks wonder they are hated!
    The more I live, the more I learn.
    The more I learn, the more I grow.
    The more I grow, the more I see.
    The more I see, the more I know.
    The more I know, the more I see,
    How little I know.!! ;)
  • surreysaver
    surreysaver Posts: 4,296 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Its 0.25%. 0.25% of s0d all is s0d all. Is there any point in worrying about it?
    I consider myself to be a male feminist. Is that allowed?
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    robin58 wrote: »
    And banks wonder they are hated!

    I don't hate them. They don't owe me anything. I just don't use the ones with poor value.
  • bristolleedsfan
    bristolleedsfan Posts: 12,290 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If my memory serves me correct many years ago when Base Rates regularly increased by 0.50%, Savings rates tended to go up mostly by 0.25%
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    robin58 wrote: »
    And banks wonder they are hated!

    People still use them though........;)
  • robin58
    robin58 Posts: 2,802 Forumite
    Herbalus wrote: »
    I don't hate them. They don't owe me anything. I just don't use the ones with poor value.

    So do I but the public perception is they hate them.
    The more I live, the more I learn.
    The more I learn, the more I grow.
    The more I grow, the more I see.
    The more I see, the more I know.
    The more I know, the more I see,
    How little I know.!! ;)
  • robin58
    robin58 Posts: 2,802 Forumite
    Thrugelmir wrote: »
    People still use them though........;)

    Well try and get paid with cash by the company you work at nowadays....:cool:
    The more I live, the more I learn.
    The more I learn, the more I grow.
    The more I grow, the more I see.
    The more I see, the more I know.
    The more I know, the more I see,
    How little I know.!! ;)
  • eskbanker
    eskbanker Posts: 33,038 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    robin58 wrote: »
    So do I but the public perception is they hate them.
    How fortunate we are to have someone on here who can speak on behalf of the entire population....
  • msallen
    msallen Posts: 1,494 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    robin58 wrote: »
    So do I but the public perception is they hate them.

    So the rest of the public hates them but you don't?
This discussion has been closed.
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