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  • 2010
    2010 Posts: 5,499 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    This NBS issue 1 (now closed) really was a no brainer to have.
    It will have to go up every time the BoE raises rates and by the full amount.
    It`s easy access, unlimited deposits/withdrawals.
    On sale Wed. closed today.
    Rates are going nowhere for a very long time.

    Some can remember the days of 15/17% mortgage rates, never mind 6%.

  • ToastLady
    ToastLady Posts: 463 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    2010 said:

    Some can remember the days of 15/17% mortgage rates, never mind 6%.

    Me for one. My daughter and hubby were complaining last year about how much their mortgage had gone up and the rate. Am sure they didn't believe me when I told them ours was well into double figures years ago. 
  • BooJewels
    BooJewels Posts: 3,006 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Yep, me too - 14% mortgage when we got married.  My son didn't believe me either when he took out a fix last year at less than 2%.
  • junebaby
    junebaby Posts: 70 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    Anyone finding that transfers are taking a long time to reach the account?
  • BigBlueSky
    BigBlueSky Posts: 697 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Is 2pm the cut-off time for deposits into the Newcastle BS account to show up the same working day ?
  • junebaby
    junebaby Posts: 70 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    Mortgage rate was 16 per cent when we bought our house in 1981. 
  • Doctor_Who
    Doctor_Who Posts: 917 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    junebaby said:
    Anyone finding that transfers are taking a long time to reach the account?
    In general or for a specific provider?
    'Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it' - Albert Einstein.
  • junebaby
    junebaby Posts: 70 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    Sorry into the Newcastle BS account. 
  • 2010
    2010 Posts: 5,499 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Don`t know for certain but do NBS use Barclays for their faster payments?
    This could explain the delays and variations in money transfer times also Friday is probably busier with the weekend coming up.
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